What is a home warranty?
A home warranty is like an insurance plan for the appliances and systems in your house. It includes details that aren’t usually covered under your general home owners insurance. If your stove or a/c stops working, you simply pay a small service fee (like a co-pay in health insurance) and someone will come out and either fix the problem or get you a replacement.
A tip we always give people who want to sell a home fast in St. Louis, is to provide a home warranty to the buyers. It gives peace of mind and lets the buyers know they are covered in case something should happen in their first year that could turn into a costly repair.
STL Real Estate has been buying homes in St Louis for several years now so we are well aware of the benefits to both a buyer and a seller. Often times you, as a seller, can get covered under the policy is well while the home is listed. The last thing you want to do is find yourself buying a new furnace while your home is sitting on the market waiting for a new owner.