is a home warranty a good idea

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What’s worse is that the companies sell the idea that once you buy a warranty, you’ll never pay for a home repair again. boast that their repair services are prescreened and do good work, but there.

– So, back to the original question: Is the home warranty a good idea or a bad deal, I would have to say that it is a very good idea. Even if the Seller doesn’t offer to pay for it as part of the sales contract negotiations , I would still pay for it out of pocket as the Buyer.

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While the specifics can vary from policy to policy, home warranties are generally designed to cover the costs of repairing or replacing home appliances and mechanical systems at a discounted rate. As you decide whether a home warranty is a good option for you, consider the following questions: What does.

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Pros, Cons, Costs | realtor.com – While not everyone will think a home warranty is worth it, it is a good idea for people who lean toward the "better safe than sorry" approach when buying a home. Is a Home Warranty a Good Idea – Allison Realty Group – A good home warranty should provide access to some of the best deals available online.

With a typical home warranty policy, you pay anywhere from $400 to $600 annually. In return, you supposedly get peace of mind when one of the mechanical components of your home breaks. But in my 24 years on the air, I’ve never taken a call where the warranty was a good thing. It’s almost always a bad thing.