So like several others, I have had a couple things that I have had to replace or call someone out to look at it/fix. Does anyone have a home warranty, if so with who, how does it work, and how much
TIA
TIA
Home Warranties - anyone
- Thread starter bsucards
- Start date
All I know is that when we sold our house last summer we agreed to pay for one for the buyers and it was 450$
My daughter just bought a little house(with Dads help of course) and it came with a 1 year warranty from Old republic the seller paid for. Moved in and the AC not working properly. Called them service tech out the next day and fixed the next. Bad condensor. Saved my daughter 400 dollars at least. Worth it I would say. Warranty cost $399.
Jack it is like having auto insurance. If you have a problem you call the insurance company and pay a flat rate deductible.
Of course there are bad companies just like in any insurance, a lot of people that rent houses/apartments probably have it to cover tennants etc
I've never seen one not associated with a home sale/purchace, but I guess others exist? I always thought they were supposed to be a selling point for the seller; something to make the buyer feel better and safer about thier purchase. :shrug:
Good luck getting them to pay. Their job is to NOT pay and they WILL find an excuse NOT to pay. For example; 'pre-existing conditions' are not covered.
I was always told they are ripoffs, like extended warranties, and I'll never get one.
Good luck if you do.
Now, getting a warranty when you buy a home, is a different story, but in a home you already live in. I don't think so. JMO.
That's what I'm saying.
Like extended car warranties offered after you've already owned your vehicle and offered by company's other than the manufacturer. :sadwave:
bsu....
i am a big believer in home warranties & have them on all of my houses for years. imo the key is to have them only on big ticket items....for example when hot water heaters broke beyond repair in 2 of my places, they were replaced with brand new heaters & all that was paid was the $60 deductible fee....btw the company that i use is american home shield & have been with them for about 6-7 years....
let me know if you need any other info....
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I had one when we bought our current house that the Sellers paid for, through American Home Shield, we had a plumber come out one time, paid deductible, probably would have the same amount just to have the guy come out ourselves, then a month ago I got a notice of a Class Action Lawsuit against them for failure to pay claims, basically if you had a denial in the last 3-4 years they would review it to see if it should have been paid. I keep getting letters from them to resign up for $500 a year, :142smilie .
i pay $314 a yr. on my rentals & $424 on my primary residence because it covers my pool & spa equipment....
that is what I was going to really use it for, water heater, furnace , ac etc
Agent, FYI, for you I do fix most things around the house except for the big items. I am sure your the handyman and all, probably run around with overall's and a hammer just looking to fix stuff
Agent, FYI, for you I do fix most things around the house except for the big items. I am sure your the handyman and all, probably run around with overall's and a hammer just looking to fix stuff