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Hometrust Warranty Training at Milestone Realty Consultants

We had a great “Lunch and Learn” today with Hometrust Warranty Representative, Amy Wood. I always learn something new about Home Warranties whenever she comes to speak to us. 

Not only is a Home Warranty a great benefit for Buyers, but it is a great benefit to Sellers, as well. When a Seller chooses a Home Warranty on their home while it is being marketed, the Warranty then passes on to the Buyer for one year.  It is a great marketing tool, but it also covers repair costs for many different things that might occur while the home is listed.  The seller does not pay for the warranty unless the home closes. 

At Milestone Realty Consultants, we offer Home Warranty programs to all of our Buyers and Sellers.  It is our responsibility as Realtors to make sure all of our clients know this is available for them to purchase for their home.  Often the Home Warranty is negotiated in the Purchase Contract.  The Home Warranty program has helped many of our clients with repairs that could have cost them a great deal of out of pocket expense.  I would recommend that anyone that is buying or selling a home to consider a Home Warranty.

Discussion

#1 By David at 12/3/2012 6:55 AM

Home warranties insure against repair and replacement costs for appliances and other components of a home that quit working. It provides benefit to both buyers and sellers. I truly appreciate your efforts in explaining the importance and recommending your clients to consider a Home Warranty.

As a buyer, it is really tough to replace an appliance or make repairs to major systems after coming up with funds required for closing. In this case, it is great when a seller pays for a home warranty at closing as it assures that I wont have to buy new appliances or other covered items if they fail a month after closing. Warranties are often purchased at closing, but can be acquired any time.

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