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The Benefits of a Home Warranty

Both buyers and sellers can benefit by using a home warranty.
Many sellers don’t realize that they can be protected during the
listing period in addition to offering protection to a potential
buyer. Now more than ever, homeowners need the protection
offered by a home warranty from unexpected repair costs or even home inspection issues that may
arise.

Home warranties can have a significant impact on getting a property to settlement. They offer
sellers an opportunity to address inspection issues in an affordable way, and can ease buyer’s fears
about older systems or appliances in a home. Statistics show that homes protected with warranties
sell faster and closer to their asking price.

Home warranties are different from and complement homeowner’s insurance. Homeowners
insurance is designed to protect a homeowner against catastrophic losses; a home warranty is
designed to cover the failure of mechanical systems in the home.

Your Duffy Real Estate sales agent can assist you in investigating and choosing a home warranty
which best suits your needs, if desired.