Comments on: Is Home warranty insurance necessary in home sale?

By: business creature

business creature — Fri, 08 Sep 2006 23:18:00 +0000

nope
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By: padrote chingon

padrote chingon — Fri, 08 Sep 2006 01:15:59 +0000

no way, its totally optional…i bought a stupid plan for 300 bucks and i had to pay $95 bucks everytime they came out…im not sure if the repairs would have even cost $95 if i just called a repairman each time….by the way, they didnt fix, they just patched stuff up…and i did have to fight with them when they sent a crappy plumber, i think it was called amerishield….i guess its not bad for the piece of mind if you are buying a crib for the first time, but you dont really need it.
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By: The Man

The Man — Fri, 08 Sep 2006 00:43:07 +0000

It isn't required. It is up to you to decide if you want it. The market is turning into a "buyers market" in most of the country… so by offering a warranty it improves the marketability of your house…

Try asking your realtor if they'll split the cost with you. They usually justify their commission by talking about "marketing" your house. Tell them a home warranty is one of the marketing tools you'd like them to use, and since you're paying them to market your house you think they should split the cost with you.
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By: Searchlight Crusade

Searchlight Crusade — Fri, 08 Sep 2006 00:42:51 +0000

Necessary? No. Useful to get a good price? You betcha. Now the buyer doesn't have to take your word about whether everything works, or is new, or the condition of the plumbing, etcetera. It's a few hundred dollars that usually makes the property worth a couple thousand more in buyer peace of mind.
References :
Realtor and Loan Officer in San Diego. Website http://www.danmelson.com

By: x_southernbelle

x_southernbelle — Fri, 08 Sep 2006 00:38:30 +0000

It depends upon if you're honest about your property when you sell it. If there's stuff wrong with the home, etc. and you don't disclose that, you run the risk of being sued.

AND what happens if there's something wrong that you've overlooked or just simply didn't know about, HONESTLY???
References :
My neighbor's house is not what it was represented to be. It has all sorts of problems that were not disclosed by the seller or his agent. My neighbor is suing BIG TIME!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!