I do think Home Protection Plans are worth the money. If a seller offers one, frequently that will make the buyer feel more comfortable about buying. If a seller won't pay for one, it can be worth it for the buyer to pay for it for the peace of mind.
A home is typically the biggest investment most people will make in their lifetime. In these challenging times and unexpected repair or replacement cost can be difficult to manage and trying to find the right professional to fix your problem can be stressful. Having a home protection plan won't stop your appliances from breaking down but will help cover some or all of the costs of covered repairs and replacements.
Some of the items that a home protection plan may cover are plumbing, water heater, electrical, pool and spa equipment, air conditioning, and appliances. How much money do you think it would cost to repair your air conditioner should it break down? Depending on the problem, it could range in the thousands of dollars.
There are many different home protection plans available. You can customize your coverage and premiums to best fit your needs and sometimes the premium can be included in the closing costs of a home purchase.
If you have any questions about a home protection plan or home warrantys give me a call, I would be happy to help.
Contact me by email at Kari@KariBattaglia.com. Need information fast, call me direct at 941-270-1851. I am currently accepting referrals.
Copyright© 2008 By Kari A. Battaglia, All Rights Reserved.
Kari A. Battaglia, GRI - Realtor®, Broker Associate - Coldwell Banker Residential Real Estate - 331 W Venice Ave., Venice, FL 34285 - 941-270-1851 direct - 941-484-9715 - office 800-969-1990 toll free - Kari@KariBattaglia.com
www.KariBattaglia.com, VeniceAreaHomesBlog.com, FloridaMoves.com/Kari.Battaglia
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Erica Ramus is Broker/Owner of Realty Executives in Pottsville, PA.
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Erica, yes these plans are worth their weight in gold! I had a buyer who was thrilled when his new home warranty plan paid for a $900 furnace for only a $35 service call -- it works!!!