Home warranties offer buyers protection for a period of time, usually one year, against potentially costly problems such as unexpected repairs on appliances or home systems which are not covered by homeowners insurance. Warranties are becoming more popular because they offer protection during the time immediately following the purchase of a home. This period of time is typically when new homeowners are strapped for cash. Buyers should ask their Realtor, Home Inspector and Real Estate Attorney for guidance in the area of home warranties.
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