A couple of months ago I was interviewed by Keith Pandolfini of This Old House about the subject of home warranties. You can read the TOH article here. It’s not the first time I have been contacted about their use, but it seems that I get these calls because as a real estate team we provide these for both our listing and buying clients when we close a transaction. I’ve written online about this subject myself and you can see my thoughts on the subject from a buyer’s perspective in this post from back in October of 2007.
These policies are worth considering for condos, townhomes and single family properties. I believe you can even buy them for small multi-family, up to 4 units. Considering the cost of a plumber or electrician can be quite pricey, it’s worth looking into either to buy for yourself, or if, as an agent, you’re considering a great closing gift that can help provide peace of mind to your client(s).