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General Discussion / Re: Give me tips on buying a house!
« Last post by theakeens on November 26, 2019, 08:48:49 am »Home warranties are not a scam. Speaking as an insurance agent of 16 years.
Home warranty is the warranty on your Heating, A/C, Furnace and Water Heater. Now this is not needed if you can come up with $10K or more immediately if any of these items die on you. So it's really great for most people in the midwest who purchase homes built in the 1900s with Furnaces and such that are over 15 years old.
Again, if you have the funds to replace these major home appliances, you do no need this coverage.
Be prepared to pay out of pocket for a home inspection which run between $350-$1,500 depending on your city. The small towns can be as small as $100.00
Anthony and I are looking into purchasing a humble little cottage in Minnesota this Summer too. Emerson needs a yard.
Home warranty is the warranty on your Heating, A/C, Furnace and Water Heater. Now this is not needed if you can come up with $10K or more immediately if any of these items die on you. So it's really great for most people in the midwest who purchase homes built in the 1900s with Furnaces and such that are over 15 years old.
Again, if you have the funds to replace these major home appliances, you do no need this coverage.
Be prepared to pay out of pocket for a home inspection which run between $350-$1,500 depending on your city. The small towns can be as small as $100.00
Anthony and I are looking into purchasing a humble little cottage in Minnesota this Summer too. Emerson needs a yard.
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