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Many Tennessee residents choose to purchase a home warranty before selling their home. Pre-existing coverage on the home adds appeal for prospective buyers, ensuring that the house is on the market for only a short time before closing with new owners.
Home warranties benefit more people than just sellers and new homeowners; anyone who owns an older home would be wise to check into the coverage provided by a policy. Homes that are more than 10 years old generally require maintenance and unexpected repairs. If the home is protected, the upkeep of it doesn't need to cause undue financial strain.
While researching home warranties to find the perfect plan, consider these factors: read up on different plans, understand limits, and check into enhanced coverage. First, choose at least three reputable home warranty companies and compare the plans they offer. One policy may cover plumbing but not septic, and another may include both. Be informed as to what is in each package. Second, check to see if the company places limits on the amount they will pay to repair each home system, and what the limits are. Third, be aware that items such as the pool, central vacuum, or the garage door opener may require additional coverage. Many business offer basic plans to cover the most essential items, as well as enhanced plans for higher cost systems.
Protection through home warranties generally provides coverage in the event of repair or replacement of appliances such as the dishwasher, washer, dryer, refrigerator, and garbage disposal. Coverage is not limited to appliances only; many home systems are also included such as plumbing, sump pump, heating, and electrical components. For the prospective buyer, home warranty coverage offers peace of mind in the event of unforeseen repairs.
Whether you are a buyer, seller, or long-term resident of Tennessee, a home warranty can be beneficial to you.
Home Warranties In The News
CONCORD, Calif., Nov. 15, 2018 /PRNewswire/ -- Fidelity National Home Warranty and Disclosure Source, leaders in the home warranty and California natural hazard disclosure market, announced today the ...
Published: Thu, 15 Nov 2018 07:53:00 GMT
Are home warranties a waste of money if someone has been following your plan and already has six months of expenses set aside in an emergency fund, plus home insurance much set aside in an ...
Published: Thu, 15 Nov 2018 06:23:00 GMT
Home warranties are usually thrown in as a gift by the realtor. But whether or not to renew that home warranty after it expires is a difficult decision to make. NBC 7 Responds has some information to ...
Published: Wed, 14 Nov 2018 22:45:00 GMT
Dear Dave: Are home warranties a waste of money if someone has been following your plan and already has six months of expenses set aside in an emergency fund, plus home insurance - Andrea Dear Andrea ...
Published: Thu, 15 Nov 2018 14:07:00 GMT
InterMedia Advertising® and InterMedia Entertainment® (InterMedia) are pleased to announce retired boxer and two-time World Heavyweight Champion George Foreman, and his family, as the brand ambassador...
Published: Fri, 09 Nov 2018 09:45:00 GMT
The Company offers an industry-exclusive Lifetime Structural Warranty on every home built. Please contact your local Lindal distributor for details or call the Client Concierge team at 1-800-508-1833.
Published: Thu, 15 Nov 2018 12:19:00 GMT
Q: Will appliance warranties be honored A: Sears says it will honor them as long as it remains in business. That includes extended protection plans and full home warranties. However, Business Insider ...
Published: Wed, 07 Nov 2018 12:42:00 GMT
WILKES-BARRE, Pa., Nov. 7, 2018 /PRNewswire/ -- GWC Warranty, the best-in-class provider of used vehicle service contracts sold through automotive dealers, received a 2018 Automotive Communication ...
Published: Wed, 07 Nov 2018 18:21:00 GMT
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