Are you wondering, “How can I sell my distressed property quickly?” Amid the hustle and bustle of this competitive industry, there’s a powerful ally you can’t overlook: the home warranty. If you decide to sell a house fast in Pittsburgh, having a home warranty is like waving a magic wand that attracts buyers and saves you from unexpected repair costs.
Let’s explore the exciting world of home warranties to discover the keys to a successful Pittsburgh home sale.
What Is a Home Warranty?
A home warranty is a contract between a homeowner and a company that provides home warranties, and it provides much-discounted maintenance and replacement services for the major components in a home.
What Is Covered Under a Home Warranty?
A house warranty, which protects your home’s appliances and maintenance systems, covers a percentage of the expense of fixing or replacing such equipment when it malfunctions. A warranty may cover your HVAC (heating, ventilation, and air conditioning) systems, plumbing, water heater, electrical, and major appliances, depending on the amount of coverage.
Why Should I Care About a Home Warranty?
Like other warranties, a home warranty gives peace of mind and protection from expensive, unanticipated repair costs. A house warranty might serve as a safety net for a homeowner who doesn’t have an emergency fund or wishes to set savings aside for other things.
What Is the Cost of a Home Warranty?
A house warranty costs several hundred dollars annually and must be paid upfront or in installments if the warranty provider offers a payment plan. Whether a homeowner chooses a basic or extended plan will depend on the property type. Home warranties impose a service call fee (or trade call fee) of roughly $60 to $100 each time the warranty holder requests that a service provider visit the residence to look at an issue. This fee is in addition to an annual premium. The homeowner will be responsible for each contractor’s service fee if the problem necessitates the presence of more than one kind of contractor (such as a plumber and an electrician).
Ready to Level Up Your Game With an Alternative?
A home warranty does not guarantee that the owner will never have to pay for home repairs. Home warranties typically don’t cover components that haven’t been adequately maintained. In addition, the homeowner will still be liable for the service charge and repair costs if the warranty provider rejects a claim. So, do I have a better option to sell my house as-is in Pittsburgh? Consider cash home buyers. At 412 Houses, we buy houses in Pittsburgh and pay top dollar regardless of condition. With us, you won’t have to stress repairing your home, holding open houses, paying commissions, or covering closing expenses.