Ask Bob Buying a Home What is a home warranty and should I get one?
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What is a home warranty and should I get one?

A home warranty covers repairs and replacements of major systems and appliances for a specified period, usually the first year of ownership. It can provide peace of mind, especially for older homes where systems may be near the end of their lifespan. Review what is covered carefully. Some sellers include a warranty as a concession. It is not the same as homeowner's insurance.

Why It Matters

A home warranty can save you hundreds or thousands if the HVAC, water heater, or kitchen appliances fail soon after you move in. It is especially valuable for first-time buyers.

Related Questions

What should I look for during an open house? How much should I save for a down payment? What are closing costs and how much are they? What loan options are available for first-time buyers? What questions should I ask my real estate agent when buying?

Read the Full Guide

For a deeper dive, check out the HomeCircle Handbook entry on this topic.

Understanding Your Home Warranty

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