Should I offer a home warranty when selling my home?
Does a home warranty make a home more attractive to buyers? Should I offer this when I list? Are there limitations to what the new owner can ask for with a home warranty? Thanks.
Asked By Noah | Overland Park, KS | 725 views | Selling | 2 years ago
It is not necessary to offer a home warranty when selling your home, but it is often beneficial for buyers. Home warranties provide coverage for repair costs for major home systems and appliances. Offering a home warranty can make your home more attractive to prospective buyers, as it can lower their perceived risk in purchasing the property. Additionally, a home warranty can help reduce the amount of negotiations required during the home selling process. Ultimately, the decision of whether to offer a home warranty or not is up to the individual seller.
Without a doubt the seller should provide a home warranty. It provides comfort to the buyer that if something breaks it will be fixed for the cost of a copay. If the buyer moves in and something breaks right away and they do not have a home warranty they will come after you saying you did not disclose something that you knew about. Have peace of mind and throw in the home warranty.