Home Warranties
A home warranty offers peace of mind for the new home buyer, whether you're a first-time buyer or experienced at maintaining a home. Home warranties cover systems that could break or malfunction. Many sellers who list their homes with Keller Williams Realty Grand Rapids are encouraged to purchase a home warranty to ensure their home is kept in perfect working order while listed. Sometimes, this warranty can be negotiated into the sale for the buyer's enjoyment. Alternately, your Keller Williams Realty professional can refer you to a preferred warranty provider.
Home warranties are fairly inexpensive, typically ranging from $250 to $400, depending on coverage. Home warranty companies sometimes run special sales and either discount policy prices or offer additional coverage for the same price. The policies are prepaid for a year in advance, at which time they expire or can be renewed.
All plans are a little different, so you will want to ask specifically what is covered. Ask your real estate agent if upgrades are available. Pay close attention to whether the home warranty company will pay for repairs to make certain types of systems or appliances compliant with new regulations. Once you're covered, the repair of a system is covered for a small fee as along as there aren't issues about code violations, improper installation or unusual wear and tear.
The Following Systems Are Usually Covered:
* Air conditioning
* Dishwashers
* Doorbells
* Furnace / heating
* Water heater
* Ductwork
* Garbage disposal
* Inside plumbing stoppages
* Ceiling fans
* Electrical systems
* Range and oven
* Telephone wiring
The Following Systems or Items Are Not Usually Covered:
* Outdoor items such as sprinklers
* Faucet repairs are not covered under all plans
* Not all plans pay for refrigerators, washers & dryers or garage door openers
* Spa or pools, unless specific coverage requested
* Permit fees
* Haul aways
