We have recently decided that it’s time for us to buy a home. We have been renting in a fabulous neighborhood, primarily because it’s near one of the best schools in our city, and we just hate that we have been throwing away so much money over the past six years! Prices of homes are at a real low in our hometown right now, and we can purchase in the neighborhood that we are currently living in and our mortgage payment will actually be less than what we are currently paying in rent. Score!
I have recently began to look into home warranties, and what I found out was that I knew very little about them. I came across the American Home Shield website, and found much of the information I was looking for, including pricing and plans, a section deemed “Home Warranty 101″ (as you can imagine, I needed that one!), and even tips and maintenance to keep our future home systems up and running.
Owning a home will be one of our largest investments and with so many things that could go wrong, it seems silly not to have a home warranty policy to cover the repair or replacement of many of the most occurring breakdowns of home system components and appliances. What I found very cool about AHS is that a home warranty inspection wasn’t necessary. So, I filled out a short form and requested a quote and I am currently awaiting a response.
Do you have a a home warranty? If so, do you find it valuable? Do you think a home warranty is necessary for all homeowners?