Home warranties are increasingly popular with both buyers and sellers of real estate. Buyers get some peace of mind, knowing that home defects are insured even if the inspection doesn’t reveal it.

For the seller, a home warranty is an extra “add-on” to offer to buyers and to help a home stand out from the competition.

Most home warranties last for one year. They cover all of the fixed home appliances such as climate control and water heating. They usually have a deductible that makes them attractive only for worst-case scenarios.

If something goes wrong, you can call up the warranty provider and make an appointment to have items repaired.

Home warranties usually cost in the range of $500 for the first year.

To find a home warranty provider, look in the yellow pages, check a search engine, or ask for a referral from your real estate agent. Most agents have a trusted provider in their Rolodex and that can make the shopping process more simple.

This entry was posted on Thursday, April 26th, 2007 at 4:11 pm and is filed under Cincinnati Real Estate News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.