Warranties Aren’t Just for Cars

Tuesday, December 3rd, 2019

Houses are pretty good at keeping secrets. A hairline crack in a pipe or a worn belt on the clothes dryer may go undetected until something goes wrong. To assuage potential buyers fearful of hidden hazards like these, many sellers offer a one-year home warranty that covers certain repairs to appliances, plumbing and electrical systems, as well as heating and air conditioning. The warranties are a common sweetener to close a home sale, especially if the property has been on the market for a long time. But buyers should know that when something goes wrong, home-service contracts have strict limits […]

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