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Home Articles Insurance 10 Things to Know Before Buying a Home Warranty, by Courtney Atkinson, Lethbridge Real Estate Expert
10 Things to Know Before Buying a Home Warranty, by Courtney Atkinson, Lethbridge Real Estate Expert
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October 29, 2009, by Courtney Atkinson in Insurance

A home warranty can be a fantastic cost-effective tool for selling your Lethbridge home in the Lethbridge and Southern Alberta area quicker.  Know what to expect from a home warranty prior to purchasing.  Below are ten of the most important facts to know before buying a home warranty for your Lethbridge property.  Complete information about home warranties in the Lethbridge real estate market can be found at http://www.courtneyatkinson.ca, or call real estate expert, Courtney Atkinson at 1.403.795.7777 to discuss your Lethbridge real estate needs.



10 Things to Know Before Buying a Home Warranty

1.    Always read the home warranty contract thoroughly before signing, to understand what is covered

2.    Major systems such as plumbing, electrical, heating, and air conditioning are usually covered, but CHECK THE FINE PRINT

3.    Only items and systems in working order at the time of the contract will be covered, so ENSURE YOU KNOW WHAT THEY ARE

4.    Structural problems are rarely covered

5.    Built-in appliances are usually covered, as long as they are in working condition at the time the warranty goes into effect

6.    Pre-existing conditions are not covered in a home warranty

7.    If the warranty company chooses to replace an item, it will be of similar style, quality, and features to the broken item

8.    You can’t call your own technician or service provider (such as a plumber or electrician) – the warranty company has a list of contracted technicians and professionals to perform any necessary services or repairs

9.    The final decision as to whether an item is repaired or replaced is made by the warranty company, not the homeowner

10.    If you want an item replaced that is deemed repairable, the warranty company will give you a credit towards the new item – however the credit is limited by what the cost to repair the item would have been

The key to having a positive experience with a Lethbridge home warranty service contract is to know what to expect.  The main purpose of a home warranty is to offer piece of mind to both the buyer and the seller during the purchase transaction.  A home warranty often is the little extra assurance needed to close the deal.

For complete details on everything related to Lethbridge real estate, visit our website at http://www.courtneyatkinson.ca.

There is a lot of property for sale in Lethbridge and having a professional like Courtney Atkinson on your team can certainly help!

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