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Updated almost 9 years ago,

User Stats

234
Posts
97
Votes
Damir Kamber
Pro Member
  • Investor
  • Roswell, GA
97
Votes |
234
Posts

Should I include a Home Warranty for the Buyer in our Condo Sale

Damir Kamber
Pro Member
  • Investor
  • Roswell, GA
Posted

Hello BP nation!

We are about to go into our first "deal" as REI. Excitement all over! I put the word deal into quotations simply because we are speaking of our condo in Atlanta that we over payed for back in 2009 simply because we wanted to live in the City. I must say, it was the best decision my wife and I made thus far in our lives (not the condo, but living in the city part). It sits in Old Forth Ward part of the city, near the Boulevard & Ralph McGill intersection. We have decided to sell it this year since we can raise about 20K from it to invest into our next deal (this time we will make money when we buy haha).

We were discussing potential amenities we could provide for the buyer and Home Warranty was one of the concrete options that came to mind. However,  we are not sure how big of a benefit this would be specifically for something like a condominium. 

Has anyone had previous experience with a Home Warranty for a condo and if so, does it make financial sense? What all is typically covered by the Warranty when it comes to condos? Any feedback is highly welcome as always! Also, any other amenities I can offer to the buyer to sweeten the deal? 

Cheers,

Damir   

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