Home Warranty Can Help Sell Your Property Faster

Putting your house on the market requires quite a bit of preparation in order to showcase the very best that your home has to offer. While you’re getting your home ready, you may want to consider purchasing a home warranty. This is an inexpensive, yet highly effective way, to give your house a marketplace advantage by giving buyers valuable peace of mind.

A home warranty is a program that offers a buyer protection against expensive repairs in the case that something in the house, such as the air conditioning or dishwashers, breaks during the first he that he owns the home. Instead of having to pay the full cost of the repair, a person that buys a house with a home warranty will only be responsible for a small deductible that is usually between $50 and $100.

The cost of buying a home warranty is usually under $500. If you are anxious to get your house sold, this is a small amount to invest in order to help it move it faster. Buying a home is quite a financial drain of resources, so buyers are often low on cash by the time the transaction closes. Knowing that repairs are covered at a very low cost for a year can often push buyers towards making an offer on a house with a home warranty instead of a similar home without one.

There are many different companies that offer home warranties. Ask your real estate agent if he has any suggestions for a company that stands out from others. In addition, your real estate agent can let you know how potential buyers view home warranties in your area. In some places home warranties have become the standard, and buyers will not consider buying a house without one. In other areas, a home warranty may be an uncommon, but very welcome selling point that will entice buyers. Either way, buying a home warranty is a simple way to make your home much more attractive to buyers, which will help it sell faster.

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