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Homeowners in Oregon would be wise to consider home warranties as a way to protect their assets. With a good home warranty, a person can save thousands of dollars in repair and replacement costs. Basic home warranties cover such things as plumbing systems, garbage disposal, sump pump, water heater, and whirlpool tub. Any malfunction or replacement is taken care of by the company providing the policy. There are even home warranty plans that cover pools, spas, septic system, and central vacuum systems. Whatever the features and functions in the home, coverage is available to reduce the costs of replacement and repair.
First-time homebuyers especially can benefit from home warranties. Often there is stress and anxiety about the financial commitment they are entering into, and having the benefit of a home warranty can provide peace of mind that if the furnace goes out, they won't have to pay $2,000 to get it fixed since it is covered. In addition, anyone selling their home can purchase a home warranty, as that added bonus can be a selling point.
Before purchasing a home warranty, these three things ought to be considered. First, what is covered? Read the plan, and compare plans with several other reputable companies. Each company will provide different features in their plan, so make sure the coverage you choose adequately protects the home. Second, double check for limits. Many home warranty businesses will place limits on the amount they will pay to replace or repair appliances or home systems. Being aware of these will help avoid misunderstandings with the company about the warranty. And finally, make sure that the most costly assets will be covered under the plan selected. Things like the pool, the garage door opener, and the septic system may require purchasing an enhanced plan for adequate protection.
Home warranties are a wise investment for anyone in Oregon who is interested in keeping the costs of maintenance and repairs at a minimum for their home.
Home Warranties In The News
Buying a home can be a wonderful experience, but it can also be pretty stressful. From researching and viewing houses to figuring out if you can even afford the one you want, there seem to be a million things to think about. Once you do get the house of ...
Published: Sat, 19 May 2018 03:15:00 GMT
It's a wonderful feeling when you finally clinch your property deal and realize you have become a homeowner for the very first time. Sometimes seemingly endless weeks or months have gone by, while you jump through lots of administrative hoops, before ...
Published: Mon, 14 May 2018 08:03:00 GMT
FREMONT, Calif.--(BUSINESS WIRE)--On May 8, 2018, ASUS updated the terms of its product warranties: Summary of Updates to the ASUS Warranty Information Form We have provided a summary of notable updates to the ASUS Warranty Information Form for the United ...
Published: Sat, 19 May 2018 06:32:00 GMT
FOLSOM (CBS13) - A home warranty company has been illegally operating in California, a Call Kurtis Investigation has uncovered. Customers up and down the state have complained after being sold policies for years of protection saying Colonial Home ...
Published: Fri, 18 May 2018 05:00:00 GMT
KANSAS CITY, Mo. -- They promise to be there when your appliances go bad, but companies offering home warranties aren't always good. Kristi Smith grabbed a bag of hash browns from her freezer and gave them a good squeeze. "It's like mush," Smith said ...
Published: Wed, 02 May 2018 19:50:00 GMT
Dave Ramsey is America's trusted voice on money and business, and CEO of Ramsey Solutions. He has authored seven best-selling books, including "The Total Money Makeover." "The Dave Ramsey Show" is heard by more than 12 million listeners each week on 575 ...
Published: Fri, 18 May 2018 21:59:00 GMT
As a real estate professional, part of your job is helping your buyers and sellers in any way possible. If you're a great real estate professional, this duty extends long after closing. That's where having an excellent home warranty comes in.
Published: Fri, 23 Feb 2018 21:27:00 GMT
Not enough is being done to overhaul Ontario's new-home warranty system, says a group opposed to the monopoly held by Tarion. "Premier (Kathleen) Wynne has publicly stated that "˜the time for monopolies is over,'" said Windsor homeowner Gay Viecelli.
Published: Tue, 24 Apr 2018 15:05:00 GMT
More than 10,000 new home warranties may be virtually worthless as a result of CBL Insurance being placed into interim liquidation. CBL Insurance, which is a subsidiary of NZX-listed CBL Corporation, was put in the hands of McGrathNicol last Friday after a ...
Published: Sat, 03 Mar 2018 04:00:00 GMT
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