A home warranty can be a good investment or a complete waste of money. Whether or not a home warranty is right for you completely depends on your situation. There are many different companies that offer home warranties and they all offer different services for different prices, but in general a home warranty costs $300-$500 a year and will cover the cost of repairing or replacing almost any malfunctioning appliance or system in your home. With a home warranty, when something in your home, like a dishwasher, oven, water heater, etc. breaks you call the home warranty company and they contact the repair company that the contract with and send someone out to fix the problem. The home warranty would cover the costs, minus a small co-pay. You can purchase a home warranty at any time that you own a home, but it is a particularly great incentive to offer if you are putting your home on the market. For usually less than $500 you can offer a year’s worth of peace of mind to potential buyers, which can go a long way to helping your home show well and even sell!
Thinking of buying or selling a home in Sussex County? Give us a call at Cooper Realty Associates and put us to work for you – 302-629-6693.