A Marketing Tool, and coverage too! Yes, offering a Home Warranty on the home you are selling is a great marketing tool. Its can be an equalizer in the decision of a buyer to purchase your home over that of a newly constructed one. Buyers purchase new homes so that their out of pocket expense for several years is less. You can provide that same peace of mind for a year, time for the new buyer to settle in and enjoy your home.
Home warranties average between $300-400 and cover almost everything. Another advantage to most home warranties is that a seller can apply for the warranty, have coverage on the home while its being marketed and then transfer the warranty to the buyer at settlement. During the time the home is being marketed, if the warranty is applied for by the seller, any issues that arise can be covered under the warranty for you as well. So, if you heatpump goes out before settlement, you can file a claim with the warranty company and not be out of pocket.
Two good reasons to investigate a home warranty. It can be a winner for both you and the sale of your home!
