What is a Home Warranty?
Decide If a Home Warranty Is Right for You If you’re in the market for a new home, you may have heard about home warranties or been asked if you’d like to purchase one. Among all the home-buying jargon you’ll be faced with on your real estate journey, “home warranty” is certainly a term you’ll want to research and learn more about before making a decision. Read on for more information about what a home warranty is, what it’s designed to do and how it may (or may not) be helpful for you in the future as a homeowner. What is a home warranty? A home warranty is a contract between a homeowner and a warranty company that provides discounted repair or replacement services on home components like plumbing, electrical systems, HVAC and furnaces. A home warranty can also cover home appliances and add-ons like swimming pools, dishwashers, refrigerators, stoves, garbage disposals and washers/dryers. A home warranty does not cover windows, flooring, walls or sprinkler systems. It’s possible that the seller of a home may offer to purchase a home warranty on your behalf to provide assurance that if any home component breaks down, it can be fixed at an […]


