Investors

Is your house a ticking time-bomb?  Are you worried that your appliances are ready to bite the dust?  Have you considered a home warranty?  

One of the misconceptions that I often hear about home warranties is that most people think they are only for:

1.) new homes

2.) just purchased resale homes.  

I always try to dispel that rumor and encourage ANYONE to put a home warranty on their existing home (as well as any rental homes).  For a yearly investment of approximately $300-500 depending on whether you have a pool and what you want covered you are protected if something should break down.  I’ve never had anyone regret purchasing a home warranty BUT I have had people really frustrated that they didn’t.  In fact, I’ve been one of those people.  Several years ago, I let our home warranty lapse after the first year and didn’t renew it.  The $400 I spent on a new water heater would have more than paid for the home warranty AND I would have had a new water heater.  **NOTE TO SELF: Practice what you preach!**  I was talking to someone (okay, it was my mom…at least she follows my advice) the other day and she said, “The new washing machine is being delivered tomorrow.”  I thought/said “What are you talking about?”  Apparently, the washing machine croaked and she had upgraded her warranty to cover the washer/dryer/refrigerator (a REALLY good idea if your appliances are getting on the older side).  The repair man decided that it wasn’t able to be fixed and they delivered a new one of comparable quality.  Oh, and then there was another client’s air conditioner…but you get the idea.

So for a service call (@ $50), the home warranty will cover parts and labor on most of your major housing components.

If you’re interested in looking at some quality companies I’d be happy to send you some information on several companies that we have worked with.  Typically, I am able to negotiate better pricing for your initial investment and then a reduced renewal rate as well.  

Give me a call @ 480.560.7255 or an email @ info@SpeakingofPhoenixRealEstate.com if you are interested in protecting your home and I’ll be happy to help.

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