Is a Home Warranty a Necessity When Buying Kalamazoo Homes?

 Joel Nelson of Keller Williams Realty Kalamazoo Answers that Question

Kalamazoo home buyers have many questions during the process of purchasing their property. For instance, they often wonder if they should get a home inspection, work with a particular lender or choose a certain kind of loan program. One question that many buyers forget to ask is whether or not they should get a home warranty. This is perhaps one of the most important questions that should be asked before purchasing a home. 

Not all warranty programs are created equally. Some companies are certainly better than others, so it's important to really read the fine print when it comes to what the warranty covers. In addition, you should ask your Kalamazoo Realtors what your options are when it comes to getting a home warranty on the property. 

When making their initial offer on the property, many buyers decide to put a special stipulation into the contract asking the seller to purchase a one-year home warranty. This is often a sign of good faith on the part of the seller. In other words, they are giving the buyer something that will assist them if anything goes wrong with the property for up to one year after they purchase the home.  

A home warranty will cover a number of different things happening to the home after closing. There are usually many different levels to choose from with the home warranty company.  Certain items may or may not be covered.  For instance, if there is a swimming pool on the property, you may have to buy additional coverage for that item. Septic systems are often not included in the warranty either.  But furnaces, air conditioners, electrical and plumbing systems typically are included in the warranty coverage of Kalamazoo homes. 

Generally, there is a "deductible" that you will pay.  The amount can vary but is usually less than $100.

Warranties provide peace of mind to buyers and sellers alike.  Buyers don't have to worry about their furnace going out and being stuck with a large bill.  Sellers, even though they may have accurately and honestly disclosed their property condition, can rest assured that if something does go wrong, the buyer has a warranty to cover the problem.

For complete information about Kalamazoo real estate, or to search Kalamazoo houses, visit the most complete website for Kalamazoo real estate at HomesofSWMichigan.com

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 Tags: Kalamazoo Real Estate, Kalamazoo homes, Kalamazoo realtors, kalamazoo houses, Joel Nelson, Keller Williams

Article's Author

Joel Nelson
Keller Williams Realty - Kalamazoo
Kalamazoo, MI

Contact Joel Nelson