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The Benefits To Having A Home Warranty When Purchasing Real Estate In Park City Utah

October 24, 2017 by Jensen & Company

The Benefits To Having A Home Warranty When Purchasing Real Estate In Park City Utah

Have you ever heard of a home warranty? Did you know that it is vastly different from homeowners insurance? While the latter is mandatory when purchasing a home with a mortgage loan, a warranty comes highly recommended but is not required. Here’s our reasons why you should have a home warranty when purchasing your new home:

1. Most of us have been in a situation similar to a dishwasher that breaks and damages the floor surrounding it. While homeowners insurance covers the repair of the floor, the home owners are on their own when it comes to repairing the original problem – the faulty dishwasher. A repair like that can get pricey quick! Homeowners insurance covers things like personal belongings and the structure of the house and offers liability protection in the unlikely event of a fire, theft and natural disasters. A home warranty will cover parts, labor and even system replacement for heating and cooling systems, electrical and plumbing and all major appliances due to wear and tear. This is how you get that expensive dishwasher (and most other broken items) fixed.

2. Having a home warranty offers peace of mind and convenience while protecting your budget. The cost to repair major appliances is always a hard pill to swallow and a headache to schedule and find a reputable repair company. With a home warranty, not only is there no need to hunt down a repair man, but you’ll be guaranteed easy and dependable service. You also won’t be stuck with the hassle of cost or a repair, or the budget busting repair bill.

3. As a homeowner you have the ability to place a claim and get your appliance repaired quicker and easier and you can do so with as many appliances that are covered in your warranty. As a seller with a warranty your home may sell faster and at a higher price and protect you from after-sale legal disputes. Lastly, as a buyer, you can buy with confidence knowing you have warranty coverage on all major systems and built-in appliances and have access to a vast network of qualified service technicians. A warranty also helps to protect your cash flow which is so important during the process of buying a home.

Most companies offer one year warranty terms that may be renewed annually. Some require an initial inspection. You can find plans for as low as around $35 per month plus the service call fees. We recommend starting with these three reputable companies for finding the home warranty that is right for you:

One Republic Home Protection

First American Home Warranty

Landmark Home Warranty

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About Jensen and Company

Brad Jensen has been a top realtor since 1988. He is one of the most respected agents in Utah and would be happy to assist you in selling your home or buying a new home. It is Jensen and Company's goal to help make your real estate transaction as easy and stress-free as possible. Our blog has lots of great information and market intelligence to help you learn more about the Park City real estate market. Please contact us if you have any questions. We would be happy to assist you.

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1153 Center Dr Ste G200
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ftel Call : 435.901.8333

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  • About
    ▼
    • Testimonials
    • Our Videos
    • Contact Us
    • Blog
  • Search
    ▼
    • Significant Sales
      ▼
      • Luxury Mountain Living
    • Featured Properties
    • Property Search
    • Most Recent Properties
  • Park City
    ▼
    • Buy in Park City, Utah
    • Sell in Park City, Utah
    • Park City Homes & Condos For Sale
    • Park City Real Estate
  • Deer Valley
    ▼
    • All Deer Valley Real Estate
    • Deer Valley Homes & Condos For Sale
  • Communities
    ▼
    • Old Town
    • Thaynes Canyon
    • Lower Deer Valley
    • Deer Crest
    • Upper Deer Valley
    • Empire Pass
    • Aerie
    • Prospector
    • Park Meadows
    • Canyons Village & Colony
    • Sun Peak | Bear Hollow
    • Silver Springs
    • Old Ranch Road
    • Kimball Junction
    • Pinebrook
    • Summit Park
    • Jeremy Ranch
    • Glenwild | Silver Creek
    • Trailside Park
    • Promontory Area
    • Jordanelle Area
    • Midway | Charleston
    • Heber City
    • Kamas & Marion
    • Huntsville – SnowBasin
  • Buy
    ▼
    • Deer Valley Real Estate
    • Park City Homes & Condos For Sale
    • Park City Real Estate
    • Deer Valley Homes & Condos For Sale
  • Sell
    ▼
    • Why Sell With Us
  • Discover
    ▼
    • Park City Events Calendar
    • Featured Attractions
    • Local Ski Resorts
    • Park City Local Vendors
    • Our Infographics/Resources