What to Know About Home Warranties

Home warranties, also known as residential service contracts, cover the repair and replacement of certain systems or appliance that fail due to normal use during the term of the contract.

A home warranty is different from insurance in that it doesn’t insure against losses. It only covers items specified in the contract that need repair or replacement due to normal use.

In Texas, annual contract fees generally run $365 to $395 for standard coverage, but most companies offer upgrades or optional coverage for additional fees.

Typically, a residential service provider charges a flat fee for a request for service, about $65 to $100 per request.

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*Assisting people achieve their dream of owning or selling a home with professionalism and excellent customer service *ABR, MRP, PMN, CNAS, TRLP Graduate *Licensed Texas REALTOR® #0207820 *Active member of the Women's Council of REALTORS®, Texas Association of REALTORS®, National Association of REALTORS®, San Antonio Board of REALTORS® and a TREPAC Contributor. *Love REFERRALS and love to REFER... *WHO IN YOUR CIRCLE OF FRIENDS IS THE MOST LIKELY TO MAKE A MOVE NEXT? *Whether you are moving to, from or within San Antonio, surrounding areas or anywhere in the United States, I am here to assist you. www.trudypape.com Coldwell Banker, D'Ann Harper, REALTORS® 7523 North Loop 1604 West San Antonio, TX, 78249 Texas Licensed REALTOR® #0207820 Texas law requires all real estate licensees to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords. http://www.trec.state.tx.us/pdf/contracts/op-k.pdf
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