League City Blog: Residential Service Contracts - League City, Texas

Residential Service Contracts - League City, Texas

Residential Service Contracts - League City, Texas

As you approach closing day on your home, you may want to consider purchasing a Residential Service Contract. We have found them to be invaluable to buyers when unexpected repairs are needed.

  • Residential Service Contracts, also known as home warranties can save you a bundle in repair costs after you move in.
  • A Residential Service Contract covers repair or replacement of some major and minor items and components of a home. Typically, they are 1 year in duration, beginning at the time you take occupancy.
  • Many cover central air and heat, electrical, plumbing, water heater, and some appliances like refrigerators, etc.
  • The seller may offer or you may ask for them to furnish you with a Residential Service Contract. We recommend either Fidelity National Home Warranty or Old Republic Home Warranty.
  • This is also a great tool to help mitigate unexpected costs as an investor of rental properties.

The Brian Worrell Team aspires to build and protect wealth in homeownership, we strongly recommend reviewing the coverage of a residential service contract, and the amount of savings and "peace of mind" that it could represent to your home purchase.

Again, please contact us for any reason, 281-948-7042.

 

© 2004 - 2011 Brian Worrell Team, Realtors in League City, TX - 281-948-7042. All Rights Reserved. LeagueCityBlog.com.  Prudential Gary Greene, Realtors.

Comments

Brian * I just turned down a nice DIY landlord property with service contracts on it.  My properties are higher end and both adults work.  Staying home for a warrenty firm's service company to arrive from 2 hours away is not good resident relations.

I would much rather use my local vendors and pass on MY large customer discounts to my property owner clients.

Posted by Wallace S. Gibson CPM * LandlordWhisperer (Gibson Management Group, Ltd.) 9 months ago

Brian, 

Sorry to disagree, but for Property Management services we will not take a home with a service contract either.  We've been there, had multiple horrible - expensive experiences, as well as a lot longer service periods and we feel the opposite.  So, have the folks check what their property managers work with BEFORE they sign up. 

All the best, Michelle

Posted by Michelle Francis Realtor Buckhead Atlanta Homes for Sale & Lease (Tim Francis Realty) 9 months ago

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