Buyer's Knowledge Base

Buyer Tools
Property Search  
My Home Finder

Buyer’s Knowledge Base
Pre-Qualified vs. Pre-Approved
How Much Do I Qualify For 
Why an ABR?
Renting vs. Buying
 
What to Offer  
Home Warranty  
Home Inspections 
Homeowner's Insurance 
Title Insurance
Moving
 
Frequently Asked Questions
Common Buyer Questions

Home Warranty

A home warranty policy protects you from the expense of major repair or replacement caused by unexpected mechanical failure of a major system or appliance. For a moderate premium (usually in the $400 range for a basic policy) payable at closing, you can acquire a policy which protects your for one full year after closing from major repair or replacement bills.

Most policies have a $50 to $100 deductible, and you usually must call through their people for repairs. The age of the home should be a consideration as to purchase a warranty or not - a 15 year old home with original equipment versus a two year old home. Several companies offer these policies.

Bookmark and Share
Each office Independently owned and operated
RE/MAX Allegiance
6226 Old Dominion Dr
McLean VA  22101
(703) 237-9500
Real Estate License # 0226 026842
Additional Disclaimer Information..
Fair Housing and Equal Opportunity Fair Housing and Equal Opportunity
 v2018.0.1. 40