What Buyers Should Know About Home Warranties

What Buyers Should Know About Home Warranties

You just bought a home in Arlington-now you're worried about the 15-year-old furnace. Should you get a home warranty?

What It Covers

Unlike homeowners insurance (which covers disasters), a warranty covers mechanical failures: appliances, HVAC, plumbing, and electrical systems.

Pros vs. Cons

• Pros: Peace of mind for first-time buyers; predictable costs for repairs ($75-$100 service fee).
• Cons: They don't cover everything (pre-existing conditions are a no-go); you can't always choose your own contractor.

Negotiation Tip

I often negotiate for the seller to pay for a one-year warranty as a gift to the buyer. It's a win-win for both sides.

[[CTA]] Buying an older home? Let's talk about whether a home warranty makes sense for your specific property.