Home Shield Home Warranty Protection
Both Sellers and Buyers can benefit by purchasing a Home Warranty
from Home Shield Home Warranty. On this page, we have provided a
number of reasons why sellers and buyers
alike should consider purchasing a home warranty.
» Why a
Seller Should Purchase a Home Warranty
A Home Warranty Increases your Home’s Marketability
Last year, less than 50% of the homes listed in MiRealSource MLS
sold. A Home Warranty can help separate a home from the competition.
According to a Gallup Poll, 8 out of 10 home buyers prefer a home
with a warranty. The National Home Warranty Association has reported
that on average, warranted homes sell 50% faster than unwarranted
homes.
A Home Warranty May Increase the Sale Price
According to Business Week Magazine, warranted homes are perceived
as a safer investment and on average offer a selling price of up
to 3% more than an unwarranted home.
Home Warranties Limit the Seller’s Liability
If a buyer experiences unforeseen problems with the home, such
as a leaky roof or a furnace that will not run, the problems are
likely to be covered by the warranty limiting the potential for
litigation or arbitration.
Free Seller Coverage
Home owners with their home listed for sale can receive free Home
Shield coverage on specific items during the listing period (limitations
apply). In the event of an appliance or other mechanical failure
the item can be serviced promptly preventing the loss of valuable
marketing time.
You Pay Only if the Home Sells
Receive the Seller Coverage entirely free and purchase the buyer
coverage only if the home sells. The fee will be deducted directly
from the proceeds without any inconvenience or upfront costs.
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» Why a
Buyer Should Purchase a Home Warranty
Peace of Mind
Moving into a new home, buyers invest a lot of their resources
on closing costs, moving companies, painting, remodeling, furniture,
landscaping and the list goes on and on. Buying a Home Warranty
positions a home buyer to be able limit unforeseen expenses. A Home
Shield Home Warranty protects buyers from the unexpected failures
of most the homes systems (see buyer coverage).
Sellers Will Often Pay for the Warranty
It is very common for sellers to provide a warranty to the buyer
purchasing their home. If a seller is NOT offering a warranty with
their home ask your Realtor to negotiate for the seller to provide
a Home Shield Home Warranty. If the seller is offering a warranty
ask your Realtor to make sure that it is the Warranty of your choice
as the seller may select a warranty based on the price or the seller
coverage and not on the benefits the buyer receives.
24 Hour Claim Reporting
Submit your claims 24 hours a day, 7 days a week by phone or Internet.
We will then make arrangements for a local contractor to repair
or replace the covered item as quickly as possible.
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Home Shield Home Services | PO Box 758 | Washington,
MI 48094-0758
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