Home Warranty and Selling Your Dearborn Michigan Home »» When to Offer a Home Warranty on your Dearborn MI home »» A Guide to Home Warranties When Selling Your Dearborn Michigan Home
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Home Selling Guide

Offering a Home Warranty...

When you hire a professional real estate agent to sell your home you will most likely be presented with the opportunity to purchase a home warranty. Many home sellers question the value of these home warranties, especially when the home they are selling is relatively new or when most of the major components have been recently upgraded.

There are two good reasons to offer a home warranty:

1.

Even though everything was in working order when you sold your home, there are no guarantees as to what can happen four, six or even ten months down the road. After you close the sale of your home, the last thing you need is to get an unexpected call from the buyer telling you about a problem with the house. When you provide the buyer with a home warranty you are also giving the buyer someone to call (other than you) if a problem should occur.


1.

The second reason you should consider providing a home warranty to the buyer is marketing. A home warranty is one of the best marketing tools you can use when selling your home. Keep in mind that a large percentage of homes are bought by first time buyers. First time buyers will generally put all of their available cash into the down payment and closing costs required to purchase their home. In many cases a system failure or problem after moving in could create a major financial burden for the buyer. By offering a home warranty you increase the marketability of your home by giving the buyer "Peace of Mind".


Keep in mind that you don't pay for the home warranty coverage until closing. As an added bonus, some items are even covered for you during your listing period even though you haven't paid for the warranty yet.

Some of the most commonly covered Home Warranty items are...
.
. Central Heating system
Heat Pump system
Central air conditioning Units
Hot Water Heater & Hot Water Heat systems
Plumbing systems
Electrical system
Attic/Exhaust Fans and systems
Built-In Dishwashers
Oven/Range and Microwave
Trash Compactor
Garbage Disposal
Refrigeration system
Lighting Fixtures
Central Vacuum system
Well Water Pump
Burglar Alarm and Door Bell System
Roof Repair
Garage Door Opener
Electronic Air Cleaner
Furnace Humidifier
Septic Tank Mechanical System
Sump Pump

Most major Home Warranty Companies will offer additional coverage for the following items...
.
. Swimming Pool
Spa/Jacuzzi
Washer and Dryer
Water Softener

Note: Covered items and limitations may differ depending on the home warranty company that issues your policy.


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  Steve Hatfield
REALTOR® ABR, CRS, e-PRO Certified
CENTURY 21 Curran & Christie
25636 Ford Road
Dearborn Heights, MI 48127
Office: (313) 274-7200
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Licensed Realtor® Since 1987 (#6501221773)
realtor Accredited Buyer Representative Certified Residential Specialist e-PRO

Steve Hatfield, Realtor® provides professional real estate / home buying services to buyers and sellers in Dearborn Michigan, Dearborn Heights Michigan, the Wayne County MI (Southeast Michigan) communities of Livonia, Canton, Redford, Westland, Garden City, Plymouth, Northville and the Oakland County cities of Farmington / Farmington Hills and Novi Michigan.

Equal Housing OpportunityIn accordance with the law, the properties, real estate services and homes for sale featured on this web site are offered without respect to race, religion, color, creed, national origin, sex, physical limitations / disabilities or familiar status.

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Copyright © 1996 - Steve Hatfield
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