Home Warranty Policies Can Be Good For Both Buyer And Seller
Home warranty policies are a common feature of residential real estate purchase transactions. These policies are insurance policies, usually a year in length, and cover items such as water heaters, dishwashers, and plumbing systems. Coverage and price vary from company to company and policy to policy. Like many other forms of insurance, there is usually a deductible amount (or service charge) and it is common that they will only pay for service by an authorized provider.