Usually a buyer will ask for a home warranty plan to be paid for by the seller through escrow. There are many companies to pick from, but maybe your realtor can once again guide you to the best one for you. The home warranty is good for a year from the close of escrow and usually covers the garbage disposal, built-in appliances, and anything else a buyer and seller agree to cover. An amount of money is put into the purchase agreement and cannot exceed that amount.
There are many different plans a buyer can get and should go over their choices before writing a purchase contract. A home warranty is a wonderful way for the seller to tell the buyer that all systems are working, but just in case something breaks during the 1st year of ownership, the buyer can have it repaired, replaced or removed. The different companies can vary as to the deductible amount charged. I find that it’s better for the buyer to pick a warranty company of their choice since they are the ones who might be having various issues repaired…maybe.
Sometimes there is a pool filter, spa filter & motor, roof, central air and heat, etc., but these extra items have to be asked for in the purchase agreement. Also, the buyer can extend the warranty after the year is up and extend it at their cost.
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