Darlene Stouder
360-280-2576

HOME WARRANTY PLANS

There are several home warranty plans available in today’s real estate market. They are all different yet are very similar in the way they apply to homes. Warranties can be purchased by either the Buyer or the Seller. In those cases where the Seller purchases a Warranty Plan, the plan would cover those specified items within the home during the period the home is made available for sale. Such items are built-in appliances, hot water heater, plumbing, etc. Should they fail during the listing period, they would be eligible for repair or replacement with a small deductible owed by the Seller. The cost of the actual plan is paid at closing. In other words, no money is paid towards the cost of the plan until the property is sold and closes (except for any deductibles due on repairs during the listing period). The Seller plan has certain limitation that apply during the listing period, e.g., heater and air conditioner MAY NOT be covered items. They are usually covered for the Buyer after closing. Each plan is slightly different and therefore the plans should be read very carefully.

Want to find out what else you will need to know about a Home Warranty Plan? Not a problem, all you have to do is request the Free Sellers Book, which will include all the rest of the rest of the article on Home Warranty Plans. Simply fill out the form below. As soon as you click the submit button your free copy of the Sellers Book will be on it's way to you.

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