Owning your home can be financially and emotionally rewarding, but it can also cause a lot of headaches. When something goes wrong with your home, you’re responsible for fixing it; there’s no landlord to call when you’re the homeowner. And even though you should always get an inspection before purchasing a new home, you still run the risk of buying a home with issues – or of having a major home appliance or system crap out right after you move in.
A home warranty can help you repair or replace home systems and appliances, so the financial burden of keeping your home in good shape doesn’t overwhelm you. While a home warranty won’t cover everything that goes wrong with your home, it can help cover at least some of the cost of repairing or replacing major home systems and some appliances. Know the pros and cons of a home warranty before committing to one, and shop around to make sure you’re getting the warranty policy that best suits your needs. [Read more…]