Reasons why SIGUA Real Estate agents recommend that both buyers and sellers consider purchasing a home warranty:
 
Protection for Major Systems and Appliances: Home warranties cover the repair or replacement of major appliances and systems when they break down due to normal wear and tear. Whether you’re a buyer or a seller, having this coverage ensures peace of mind regarding unexpected repair costs.
 
Sweetening the Deal for Sellers: In a competitive real estate market, offering a home warranty can make your property more attractive to potential buyers. It’s like adding a cherry on top of the deal. Buyers appreciate the added protection, and it can give seller listing an edge.
 
Transferability: If you sell your house during the coverage period, you can often transfer the warranty to the buyer. This can be a valuable selling point and may encourage potential buyers to choose your property over others.
 
Buyer’s Perspective: As a buyer, you want to protect your new investment. If you waive the right to an inspection during a seller’s market, a home warranty becomes even more crucial. It ensures that you won’t be surprised by unexpected repairs within the first year of ownership.
 
Seller’s Perspective: For sellers, the last thing you want is unforeseen repairs causing delays during the sale process. A home warranty can safeguard against major system breakdowns, providing a smoother transaction experience for both parties.
 
Cost-Effective: Home warranties typically cost anywhere from $300 to $600 for a one-year term. Considering the potential savings on repairs, it’s a cost-effective investment for buyers and sellers alike.
 
So, whether you’re buying or selling, a home warranty can be a smart move to protect your investment and provide peace of mind.