Never confuse a home inspection report with a home warranty. At East Coast Realty we strongly encourage all home buyers to have a home inspection. The report will educate the buyer about the condition of the property and the life expectancy of certain appliances, the roof, hot water heater, etc. Keep in mind that, this information is good only for the day of the inspection.
Today’s economy demands that we keep close track of our finances, a Home Warranty will allow you to budget for unexpected repairs and replacement costs. One small deductible per service call will be your only out of pocket expense.
The home warranty plan, which can be renewed yearly may be purchased by homeowners, home sellers, or home buyers. It is especially a plus For a first time home buyer because they have not experienced the unexpected costs of home ownership. Plumbing, heating, electrical systems, air conditioning, appliances (some plans cover roof repair), you have no way of knowing when something will break down, but you can control your costs with a home warranty.
The warranty companies have taken the guess work out of who to call when you need repairs, they will assign contractors who are qualified and approved. You can make a service request 24/7, at no additional cost, and have a guaranteed response and appointment time.