Home Warranty purchase or money down the drain?

Real Estate

For some home buyers who are about to spend money purchasing a home unforeseen expenses could keep them up at night and a source of continued stress even after the sale.   According to Forbes, first-time homeowners do experience buyer's remorse for a number of reasons, most notably unexpected repairs such as a faulty air conditioner or leaky roof. The study finds 36% of homeowners resent dealing with unexpected repairs and maintenance. https://www.forbes.com/sites/brendarichardson/2019/06/09/regrets-millennials-have-a-few-about-buying-their-first-homes/?sf103867171=1&fbclid=IwAR385FmSxsUnq2QcC5aw3zDRgwH0mLDmI6FkL7ymflRjyPfBYNXiU1HltWI#137c267a6e13

A home warrant purchased either the buyer or the seller can bring a little calm to an otherwise stressful first year. So which home warranty should you get? I found a good website that breaks down the top 8 companies. Which one you choose should be based upon what you want to be covered. A great place to start is at the following link https://www.reviews.com/home-warranty/ but please feel free to do more research to ensure you find what you need for the price you want to pay. Make sure to read reviews and ask other homeowners who they use.  I also discovered that Sears as a plan as well https://www.searshomeservices.com/home-warranty

Here are some questions to ask yourself before choosing a company according consumer reports  https://www.consumerreports.org/buying-a-home/what-to-know-about-buying-home-warranty/

For anyone looking to sell a home having a home warranty as part of the listing could help bring in potential home buyers.

 If there is another home warranty company you would like to highlight let me know. 

Don't forget to think about maintenance for your home throughout the year.