REALTOR® Magazine-Daily News-Attract Buyers With a Home Warranty

REALTOR® Magazine Online: The real estate professional's business support tool.

OFFICIAL MAGAZINE OF THE NATIONAL ASSOCIATION OF REALTORS®

Search REALTORMag...

OR FOCUS YOUR SEARCH

NEWS & COMMENTARY

Inside For Brokers

Connect

Social Networking

Follow, fan, or friend us online.

Your Magazine

Magnifying your voice and celebrating your accomplishments

CURRENT ISSUE

PAST ISSUES

Daily Real Estate News | June 13, 2007 | Attract Buyers With a Home Warranty
Many real estate agents are urging home sellers to purchase home warranties — especially for dwellings that are more than 15 years old — to ease buyers' concerns about problems popping up shortly after moving in.

"A warranty relieves the stress of the purchase," says real estate practitioner Anthony Tortora of Albany, N.Y.

Warranties cost only a few hundred dollars and cover repair and replacement of the home's systems and certain appliances; pre-existing conditions and structural problems are excluded. If the property is covered by warranty, owners are required only to pay a small fee for workers to repair or replace the damaged component.

Source: Orlando Sentinel (Fla.), Charles Erickson (06/10/07)

© Copyright 2007 Information Inc.