When
buying
a home in Boston, MA, you may wonder if it is worth the extra
investment to purchase a home warranty. Is it worth the money? Will
it help to protect your investment?
First,
lets clarify what a home warranty is. Do not confuse a home warranty
with home insurance, they are two very different things. For example,
if your basement floods, that is something that would be taken care
of by your home insurance. A home warranty is a service contract that
covers some of the appliances and systems in your home. For the
length of the contract, the warranty provider will pay for repairs or
replacement on those appliances and systems. How much is covered, the
deductible, and what isn’t covered will vary with different
warranties and providers.
Most
Boston,
MA home warranties last a year, and can usually be renewed if
desired. It’s a good idea to find out the age of the appliances in
your new home before deciding to purchase a home warranty. If the
appliances are older and may need to be replaced soon, a home
warranty can give you the peace of mind that you won’t have to pay
the full cost to replace them during that first year in your home. If
the appliances in your new home are relatively new, it may not be
something that you need.
As
a local
Boston, MA real estate agent I can recommend home warranty
companies if you are interested in purchasing a warranty. The most
important thing to remember is to carefully read the contract, and
pay special attention to what is and is not covered so that you know
exactly what you are purchasing and how you’ll be able to utilize
it. When a home warranty is understood and utilized for its intended
purposes, it can be the easiest way to save on home repairs and
reduce the extra stress that comes with buying a home.
If
you have any questions on home warranties, or if you are interested
in buying a home in Boston,
MA, please contact
me! Please
know I am only a click
a way if you have any Boston,
MA real estate needs. I look forward to hearing from you soon!
Lucas
Garofalo
Keller
Williams Realty
(617)
861-3631
Lucas@LucasBostonHomes.com
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with me:
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