Should I get a Home Warranty?

The first consideration when buying a home is whether or not to get a home inspection. In today’s competitive market, with low inventory and multiple offers, many buyers feel pressured to waive inspections to make their offers more appealing. However, there are still ways to include an inspection clause while maintaining a strong offer. If the home is older or the owner hasn’t kept up with routine maintenance, such as servicing the HVAC system, a home warranty can offer buyers peace of mind. A home warranty helps protect against unexpected repairs by covering the cost of replacing or repairing major systems. Before committing, be sure to review the details of the home warranty. Check the service call fee, the length of the contract, the annual cost, and whether the warranty covers a full replacement of the system or offers a credit towards a new one, depending on the system’s age. While no one can predict when a system will fail, investing in a home warranty can provide valuable protection and reduce potential financial surprises.