fbpx
Are You Covered?
A home warranty is a service contract that protects your home’s appliances and some systems from repairs or possible replacements. A convenient benefit of a home warranty is that when you report an item, they will assign a service provider to evaluate whether it should be repaired or replaced without the owner having to act […]
Are You Covered?
A home warranty is a service contract that protects your home’s appliances and some systems from repairs or possible replacements. A convenient benefit of a home warranty is that when you report an item, they will assign a service provider to evaluate whether it should be repaired or replaced without the owner having to act […]

CjnfpfzjGEe3cfcMKHa4mw.jpg

A home warranty is a service contract that protects your home’s appliances and some systems from repairs or possible replacements. A convenient benefit of a home warranty is that when you report an item, they will assign a service provider to evaluate whether it should be repaired or replaced without the owner having to act like a middleman.

Homeowner’s insurance is required by most mortgage lenders when there is an outstanding loan. This coverage protects the structure and the dwelling and the homeowner’s personal property from named occurrences like theft, natural disaster, or accident. Homeowner’s insurance does not cover the systems and appliances for repairs or replacements due to normal wear.

The fees for home warranties can vary based on deductibles and how much of the risk the homeowner is willing to accept.

Additional items can be included to the standard coverage to include pool, spa, additional refrigerators, septic tanks, and other items. There may also be some named items that are not covered that could include sprinkler systems, window air conditioning units or other specific items.

Contracts usually are for a one-year period, may have a waiting period and usually will not include pre-existing conditions. The premium or fee is paid in advance.

Many homeowners learned about this type of service when they bought a home. It was provided by the seller and probably gave some element of peace of mind. Home warranties can be purchased even when the home is not being sold and by the current owner. Even rental property owners are using this type of coverage to manage the repairs and replacement expenses.

American Home Shield, Choice Home Warranty, Select Home Warranty, First American Home Warranty.

LIST OF BLOGS

Adams Walk HOA

History of Adams Walk HOA Incorporation and Development: Adams Walk Homeowners Association, Inc., was incorporated on May 17, 1984, according to Bizapedia records. This places its establishment during a period when suburban growth was significant across Northern...

Accotink Bluff Estates Homeowners Association

History of Accotink Bluff Estates Accotink Bluff Estates, nestled in the Springfield area of Fairfax County, Virginia, represents a community with a history tied to the broader development trends of Northern Virginia. The neighborhood, like many in Fairfax County, was...

Overview of Abbotts Wood Homeowners Association in Fairfax County

Comprehensive Overview of Abbotts Wood Homeowners Association in Fairfax County   Introduction to Abbotts Wood HOA Abbotts Wood Homeowners Association (HOA) is located within Fairfax County, Virginia, a region known for its diverse community associations...

Overview of Apartments at Regents Park

Overview of Apartments at Regents Park Location and Accessibility: Address: 9333 Clocktower Pl, Fairfax, VA 22031, USA Proximity to Public Transit: The complex is notably close to the Vienna Metro Station, making it an ideal spot for those commuting into Washington...

Annandale Acres HOA in Fairfax County

Overview of Annandale Acres HOA Location and Community: Annandale Acres is situated within the Annandale Census Designated Place (CDP) in Fairfax County, Virginia. The community consists of approximately 120 single-family homes spread across 150 acres. It was...

What is an HOA Contingency and how does it work

An HOA (Homeowners Association) inspection contingency in Virginia real estate is a contractual clause that allows buyers to review the governing documents and financial health of a homeowners association before finalizing the purchase of a property. Here's how it...

A home inspection contingency what it entails and how it’s used

A home inspection contingency in real estate transactions in Virginia is a clause in the purchase agreement that allows buyers to conduct a thorough examination of the property before finalizing the purchase. Here's a summary of what it entails and how it's used:...

What is an Appraisal Contingency in Real Estate

An appraisal gap contingency in real estate transactions in Virginia is a clause included in a purchase agreement that addresses the scenario where the home's appraised value comes in lower than the agreed purchase price. This contingency protects buyers by allowing...

RECENT POSTS

Adams Walk HOA

History of Adams Walk HOA Incorporation and Development: Adams Walk Homeowners Association, Inc.,...

ABOUT  TWENTY
THREE HOMES

The Twenty Three Homes are one of the premiere real estate groups locally, nationally and internationally, specifically dealing with high-end properties and exclusive clientele. Partner with Keller Williams Twenty Three Homes are full service real estate experts whose clients benefit from the custom tailored, hands on service while receiving all the exclusive amenities and resources of one of the most established and respected firms in the business.

GET IN TOUCH