Panama City Real Estate | Information for Buyers
HUD Information for Buyers
Home Warranty Information
Home warranties provide home buyers peace of mind regarding their purchase, knowing that covered systems and appliances are protected for 12 months against replacement costs and costly repairs.
Many buyers are not aware that at the end of the initial 12 month protection, they are able to renew their policy with the same or additional coverage.
In fact, many home owners today are not aware they can purchase a home warranty at any time on their existing home, even if it is not for sale!
Many sellers are also not aware that they can purchase a home warranty while their home is listed for sale! It protects the sellers against most major mechanical systems repairs while the home is listed and can provide a better chance of selling, a quicker sale and obtaining a contract closer to the asking price.
The average cost for a basic home warranty ranges from $350-$400, renewable each year. Basic Coverage can include:
- Heating System
- Central Air Conditioning
- Internal Plumbing System
- Internal Electrical System
- Water heater
- Appliances such as: Range/Oven/Cooktop/Refrigerator/Microwave/Dishwasher
- Ceiling and Attic Fans
- Garbage Disposal
Additional coverage can also be obtained to cover items such as:
- Burglar and Fire Alarm systems
- Garage Door openers
- Roof leak Repair
- Doorbell System
- Septic Systems
- Swmming Pools and Spas
- Well pump
Whether you are buying, selling or just want the peace of mind a home warranty can provide, I can assist you in obtaining the right coverage for your Panama City Florida home. Contact me today 850-774-6582 to learn more about a Home Warranty Protection Plan for your home.
Contact us anytime for more information about Panama City Beach Home, Condo and Commercial Real Estate Sales!
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