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Updated over 7 years ago,

User Stats

207
Posts
267
Votes
Johnny Quilenderino
Pro Member
  • Real Estate Agent
  • Slidell, LA
267
Votes |
207
Posts

Home warranty on new properties worth it?

Johnny Quilenderino
Pro Member
  • Real Estate Agent
  • Slidell, LA
Posted

Good morning BP,

I just got asked to buy home warranties for two MFR that I am about to buy. The warranty is for each respective "unit" and will cost approximately 2300 dollars annually. With the two properties I will have 7 units total. The houses are older and are for section 8 tenants.

Is it normal to have a SFR that is converted into a MFR get a home warranty like an apartment i.e. instead of the warranty for the whole house it is for each individual unit.

I plan on getting a home warranty just for the plumbing and electrical issues that can arise in older homes but just curious on the take of Home Warranty and can I shop around for better. Thank you in advance!

Very Respectfully,

Johnny

  • Johnny Quilenderino