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Updated over 5 years ago on . Most recent reply

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14
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Victor Paez
1
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14
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Home Warranty...yes or no?

Victor Paez
Posted

Hey all? How’s everybody doing?

I was wondering if by chance anybody has ever used those home warranty programs for their rentals?

I ask because presently in my personal home, we have Sears Home Warranty and quite frankly it’s been great for us. For $69 monthly plus $99 deductible per repair call, and they’ll pay you $500 to pay towards any piece of appliance they can’t fix.

For the $69 monthly, they cover every appliance in the house including all fixtures, HVAC system with 2 complimentary checks during spring/autumn seasons, garage doors/motors, and electrical systems, etc.

Now I know there are people with horror stories but for us personally, they’ve replaced our oven, fixed our fridge and deep freezers, electrical system, and have already taken advantage of their HVAC checkup.

Would this be something of an added protection for our properties moving forward and maybe roll it onto the rent? Or just not bother with it?

Thanks y’all

Most Popular Reply

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17,453
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
30,141
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17,453
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

I generally dont feel they are worth the money

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District Invest Group
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