How to Buy A Home Warranty

When buying a used or new house the decision to buy a home warranty can be difficult. However, it does not have to be. This guide will help you to determine if you should buy a home warranty or get one later.

Difficulty: Easy

Instructions

Things You'll Need:

• Internet
• Time
• Credit Card

1. 
    
   All warranties are different

   Determine if a home warranty is right for you based upon the type of home you are buying. If you are buying a house that is not new there are many benefits of a home warranty. Many will replace appliances and fix the plumbing. Also you do not know how the previous owners kept up the maintenance around the house. Getting a warranty for the first two or three years will getting to know your house is better safe than sorry.

2. 
    
   Do your research

   Search the internet to find the a home warranty company that will fit your budget. Ask for them to send you information by e-mail or regular mail. Many home warranties will take an automatic deduction from your credit card or savings. Others will add it to the mortgage payment monthly. The price could range between 29.99 to 69.99 per month depending upon the service.

3. 
    
   Used houses always need some type of repair

   Check the company reputation. Call the organization to ask if they offer a free trial period for a low cost. Look for national and local reviews of home warranty companies in your area. There are many to choose from and the local contractors may have various types of customer service practices.

4. 
    
   Read the fine print

   Narrow the selection by making a comparison between companies. Try to review at least three. Use positive and negative list on a sheet of paper to make a determination. Once you have made your selection call and sign up with the home warranty company via the telephone.

Tips & Warnings

• Take your time in finding the right company
• Many companies use the same contractors the difference is the company.
• Avoid the home warranty scams.
• If it does not feel right, don't give personal information over the phone.

[johnny-five]

on 6/23/2009 I signed up with a good home warranty from a company my friend represents. The web address is http://www.tools2rule.zurvita.biz. It already saved me money when the pump on my spa went out.