Details for HOUSE--CLASSIFIED DEPT. - Ad from 2019-05-11
PLACE YOUR AD: 928.556.2298 | www.azdailysun.com/ads ARIZONA DAILY SUN | AZDAILYSUN.COM REAL ESTATE DIRECTORY Personals: Service Directory: Employment: Misc. for Sale: 100 200-300 400 500-600 Real Estate: Rentals: Autos: Bargain Corner: 700 800 900 998 $$ WE BUY VEHICLES $$ 774-7044 www.FlagstaffAutoOutlet.com $$ NO HASSLE • EASY WAY TO SELL $$ The Role of The home WaRRanTy pricey, too!) and that coverage for the new owner will commence one year from the closing date. While you’re shopping for a new home, you may see a lot of ads that mention a home warranty. If you’re putting your home on the market, your real estate professional may suggest offering a home warranty as a peace of mind for the eventual buyer. Here’s what you should know about these policies. What are they? Home warranties start where your homeowners policy ends. Your policy may cover a roof leak, but not a leaky air conditioner drain. It may cover storm damage, but not a blown fridge. However, Consumer Reports warns that these service contracts often have wording that makes it easy for a company to wiggle out of making repairs. Your mileage may vary. Warranties for home Buyers Buying a house is expensive and the last thing you want to do is Visit: azdailysun.com/homes for your next home. self-insurance Once your warranty lapses, Consumer Reports urges you to compare costs. Make a list of what’s covered and what’s not, and see if you might be better off saving the money you’re paying for a warranty against future repairs. That way, worry about a broken hot water heater a week after you move in. If your home came with a home warranty, this could be covered. You should always read the fine print, and remember that most policies have coverage limitations; your hot water heater may be covered, but when your air conditioner goes out in six months, you might be on your own. If you’re buying new construction, remember that the builder and manufacturers’ warranties may also apply. Seek help there before going to your home warranty company. Warranties for home sellers Home warranties get the most interest for first-time buyers, the home services website Angie’s List says. These buyers aren’t as used to the trials and tribulations that come with home ownership, and the warranty offers them peace of mind. If your home is in the price range that interests firsttime buyers in your area, it may be worth the extra $300 or so to buy a warranty. Make sure your new policy covers the home while it’s on the market (selling a home can be you know exactly what kind of coverage to expect. You may also strike a compromise by getting a warranty tailored to specific appliances or systems, such as just the plumbing or just the HVAC. But be sure to make yourself aware of specific instances when your warranty won’t apply and take into account any deductibles the warranty may require. Also know for sure whether the warranty will repair or replace broken items and, if they will be replaced, at what level.