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Real Estate Tips
Insurance >Home Warranty Benefits

Home warranty policies are available to both homebuyers and sellers. What are the advantages of purchasing one?

As the buyer, a home warranty can save you money. If the refrigerator stops working during a hot spell shortly after you move in, it will be fixed or replaced under the warranty at a fraction of the cost of buying a new refrigerator. If you are buying an older home, you might ask the seller to provide a one-year warranty as an incentive. The warranty will protect you from major expense if the plumbing suddenly fails or the roof starts leaking.

As the seller of an older home, you can understand how the warranty can make your home more attractive if you put yourself in the buyer's shoes. The warranty relieves the buyer of concern that they will have to spend thousands to repair a major system that breaks down unexpectedly. It also relieves you of anxiety that the buyer will sue you for failing to disclose a material defect. The warranty only costs a few hundred dollars and can be paid for when the transaction closes.

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Real Estate Trivia
Q 
Where is the world's largest bridge located?

A 
Lake Pontchartrain Causeway at New Orleans, Louisiana is the world's largest bridge. It is almost 24 miles long.
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Nancy Brady and Kathleen Guze, REALTOR®, real estate agents and broker for Andover, Byram and Allamuchy New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Nancy Brady and Kathleen Guze
Weichert Realtors

We LISTEN to what our clients want. We service Morris, Sussex and Warren counties and can assist you with finding the best schools and neighborhoods for your family. We specialize in first time homebuyers and welcome new clients from around the world. Our business is based on referrals from satisfied past clients. Please visit our web-site today and let us know how we can help you. Thanks and hope to see you soon! Call us at 973-945-4724.


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