Tulsa OK Real Estate Review: Home Warranties

Darryl talks with Penny Roth of Home Warranty of America, reviewing the benefits of this important added insurance for your home.

A home warranty is something every Tulsa, OK seller, buyer and homeowner should seriously consider. Just as with other types of insurance, a home warranty is in place to help you defray the costs of repairs when things go wrong. As explained by Penny Roth of Home Warranty of America (HWA), this type of coverage is often over-looked yet can be quite beneficial.

With a home warranty close to 120 items which fall under household appliances and systems are covered for repair. This goes beyond standard homeowner insurance policies; good news for policy holders faced with significant damages or repairs. Home warranties can cover items such as appliance repair and replacements, leaking gas or water pipes, plumbing fixtures, alarm system repairs, garage door systems and so much more.

Suppose you have a water pipe leak and your wood floor is damaged. Chances are your homeowners’ insurance will cover the damage to the floor, but what about fixing the pipe? Unless you have a home warranty, you’re looking at having to cover that expense yourself. With a home warranty you can save considerable funds when it comes to home repairs.

Tulsa, OK and the surrounding areas of Bixby, Broken Arrow, Collinsville, Glenpool and Sand Springs, are in a growing sellers’ market. An excellent incentive for home sellers to provide to buyers is a home warranty with the sale of their property. Home buyers can also opt to purchase their own warranty; typical plans last for a year and give a measure of peace that should anything go wrong after moving in, the expense won’t be cost prohibitive.

Even if you’ve been in your home for a while, you can still benefit from a home warranty, the fees are a bit higher, but the expense is worth it for the extra insurance against the unexpected.

Find out more about home warranty options by checking out the Home Warranty of America website: www.hwahomewarranty.com For real estate questions, contact The Baskin Real Estate Specialists of eXp Realty at 918-732-9732 or darrylbaskin.com

 

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