a form of short term insurance to cover major appliances and systems while the home is for sale
a homeowner's best defense against costly repairs or replacement of existing household systems and appliances break down from normal wear and tear
a kind of an insurance that provides coverage on repairs or replacements of certain systems or fixtures on a property
a limited sort of insurance policy that covers the new homeowner for up to one year on the home
a must to insure you against loss or repairs covering the air conditioner, heating system, and appliances
an annual service contract, which protects a homeowner against the cost of unexpected covered repairs or replacement on specific systems and appliances in the home that breakdown due to normal wear and tear
an excellent way to assure that one will not be saddled with unexpected repairs or replacement costs for household appliances or home systems
a plan that covers all the major appliances, plumbing, electrical, A/C, and pool (for an extra fee) for a year after you purchase the home
a policy that the seller buys that covers the buyer for major problems in a home usually for the first year
a service agreement that helps protect a homeowner against unexpected bills
a service agreement, typically lasting for one year, which protects home owners against the cost of having to repair and replace mechanical systems in the event of break down due to normal wear and tear
a service contract for an existing home that covers a homes major operating systems and appliances for one year, typically after the close of escrow
a service contract, for a pre determined period, normally one year, which protects the homeowner against the cost of unexpected repairs or replacement of major systems and appliances that break down due to normal wear and tear
a service contract that helps protect homeowners against the cost of unexpected repairs and replacements of covered major systems and appliances that break from normal usage
a service contract, usually covering one year, which helps protect homeowners against the cost of unexpected covered repairs or replacement on their major systems and appliances that break down due to normal wear and tear
a special kind of insurance that covers the cost of
a type of insurance purchased by the Buyer or Seller to cover most of the mechanical workings of the house for a one year period (four year plans are available for new homes)
A service contract provided by the builder that covers workmanship of a new home and appliances in working condition in the home for a period of one year. In addition, some builders offer a 10-year extended warranty on major structural defects. Impound Account - A special savings account held by the lender, where the borrower deposits monthly amounts for taxes and insurance. Legal Description - The description of real property as used in legal documents. Usually, legal descriptions refer to recorded maps, surveys, or other public documents.
A quasi insurance policy that covers mechanical systems and appliances against unexpected repairs not covered by homeowners coverage. Warranties are for a specific amount of time, usually one year and usually renewable.
An insurance policy that covers repairs to specified parts of a house for a limited period of time.
An insurance policy that covers certain physical systems within a home. Typically, the warranty will cover the electrical and plumbing systems, the furnace and range, roof, and other items, for one year from the date of closing. If a repair is needed, the homeowner calls the warranty company, who dispatches a technician to repair or replace the item in question. The homeowner pays a small deductible, and the warranty company covers the rest.
Offers protection for mechanical systems and attached appliances against unexpected repairs. There is a deductible paid for by the homeowner and the Home Warranty Company chooses the repair company that is sent out to service the covered item; coverage extends over a specific time period and does not cover the homeâ€(tm)s structure.
Policy purchased by a buyer or seller as assurance against unexpected repair costs.
private insurance usually paid for by the Seller, insuring a Buyer against defects (usually plumbing, heating, and electrical) in the home he has purchased. The period of insurance varies from company to company but is typically for a one-year period.
Insurance that covers repairs to certain parts of a house and some fixtures. It is generally offered and paid for by the seller.
Insurance that covers the cost to repair or replace certain items within a home, such as the furnace or roof, for a specific period of time. Sellers will often pay for the cost of this warranty as part of the sale of the home.
A service contract that covers a major housing system for example, plumbing or electrical wiring for a set period of time from the date a house is sold. The warranty guarantees repairs to the covered system and is renewable.
A policy that protects the buyer against the failure of appliances, plumbing, electrical and other components of the home.
A guarantee on the workmanship or construction of a home including the functionality of some appliances. The warranty also pays for some repairs within a specified period.
A type of insurance policy that covers repairs to specified parts of a house for a specific period. Also known as a Residential Service Contract.
A type of insurance that covers repairs to certain parts of a house and some fixtures.
covers costs of repairs or replacement of the mechanical systems and attached appliances; guarantee is for a set amount of time and does not include the structure of the property
ffers protection for mechanical systems and attached appliances against unexpected repairs not covered by home owners insurance; coverage extends over a specific time period and does not cover home's structure.
A policy available to the buyer or seller as insurance against unanticipated home-repair costs.
A type of insurance that covers repairs to specified parts of a house for a specific period of time. It is provided by the builder or property seller as a condition of the sale.
A guarantee for mechanical systems and appliances, but not the structure, against repairs not covered by homeowner's insurance; coverage is for a specific period of time.
A purchased service contract that warrants the good working order of a home’s major mechanical systems and/or major appliances for a set period of time. For instance, appliances might be covered for one year while the roof may be covered for several years. Check with a Realtor® or the yellow pages under Home Warranties.
offers protection for mechanical systems, attached appliances and may include some structure items against unexpected repairs not covered by homeowner's insurance; coverage extends over a specific time period; homeowner should read all the provisions of the warranty to understand what is covered and any service call charge for reporting a problem.
A special type of insurance that covers certain home repairs for a specified period of time.
A service contract that covers most major systems and appliances in a home for a specified period of time. The home owner is responsible for a per call service fee.
offers protection for mechanical systems and attached appliances against unexpected repairs not covered by homeowner's insurance; ,overage extends over a specific time period and does not cover the home's structure.
Warranties issued by contractors, sellers and real estate agencies that protect homebuyers from specified defects in a house as per the contract.
A policy that guarantees workmanship on construction of a home and functionallity of some appliances, and which pays for repairs for a specified period.
