Orlando Home Warranty
Orlando Home Warranty for Resale Home
Many buyers ask me if an Orlando home warranty comes with the home? Not usually. Most resale properties do not include an Orlando home warranty with the sale of the home, but you can always ask the seller to include a Orlando Home Warranty with your home purchase.
The one-year Orlando Home Warranty that a seller pays for as part of the purchase is usually capped at $400 and the deductible on each visit is paid by the buyer. Home warranties are good if you want piece of mind. Otherwise, you are not covered for any problems that may arise after closing.
When considering a Orlando home warranty, be aware that some some basic plans do not cover all the appliances, or a pool. You need to evaluate what is excluded, as you maybe able to add items to the Orlando home warranty coverage at an additional cost.
American Home Shield lets you build your own home warranty coverage plan for the exact items you want covered, plus you can take out long term plans such as 3 years+. Old Republic and First American are established companies offering pre-package coverage plans.
In addition, all the companies offer their policy exclusion online, so reading the small print it will help you understand what is covers and what is not covered under the Orlando home warranty plan.
Orlando Home Warranty for New Construction Home
Most all national builders offer an Orlando home warranty included in the sale of the home. The builder offers a 1 year bumper to bumper type warranty, but there are exclusions for normal wear and tear, and occasionally cosmetics like cracked tile may not be included.
Typically, a new home builder will schedule warranty visits during the year, to adjust cabinets or other items that may be out of adjustment.
Your appliances are covered under the manufacturers 1 year warranty. In addition, there is a 2/10 warranty. There 2 year warranty, on electrical, plumbing, and air-condition. Then, a 10 year structural warranty is provided with most builders, but MI Homes offers a 30 year structural warranty that is transferable to the next buyer that purchases your home.
It’s important to understand your warranty, in some cases if you do not use the builder contractors, certain coverage maybe voided. During the contract process, the builders will provide a sample copy of the home warranty and provide the official copy at closing.
If you are interested in receiving a Orlando home warranty at closing, your buyers agent will request that in your offer. Buyers Broker of Florida understand the nuances of home buying and we will be glad to share our expert knowledge so you can have a well rounded buying experience. Contact us anytime.