Having a home warranty is always beneficial whether you are deciding to sell a home or buy a home. But if you are the seller, looking to sell quickly this can be one of the many tempting deals that prospective buyers are keen to bag. Home warranty seems worthless when you do not need it, but certainly comes handy especially when an appliance suddenly stops working or breaks down when you are showing the house to a prospective buyer. May sound silly but often dishwasher, dryer are the most common areas of complaint. In a such a circumstance not only does the home warranty comes handy to save the unavoidable expenses. If you are buying a new home having a home warranty makes you feel protected and avoids the stress of repairs and maintenance costs which are covered.
Although there are many perks associated with having a home warranty; some of the most important benefits for sellers to attain maximum perks are highlighted below.
First Time Buyers: As these buyers are looking the best deals, waving a home warranty can help you persuade many first time buyers. As often when a home is sold with appliances it can be intimidating for first time buyers if repair and replacements costs are not covered.
Leverage: Home warranty often acts as a leverage especially when buyers are comparing the pro’s and cons of all the homes for sale they are considering to buy if things fall in place. Also a property with home warranty stand out in the market.
Quick Sale: All sellers are looking for a quick sale, there only a few who are ok with the delay. Often home warranty can minimize the long wait time as home buyers don’t want to miss on a property that has a chance to closing quickly.
Coverage: Home warranty seems worthwhile the most especially for the seller while showing the property as any repairs and maintenance needed are covered and get paid for before the closing date.
Post-sale: This seldom happens but due to something if an appliance is faulty after closing, the buyer is protected which as a seller you should notify the prospective buyer will turn to Home Warranty.