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Updated over 8 years ago, 07/28/2016

User Stats

571
Posts
638
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Austin Steed
  • Real Estate Agent
  • Columbus, OH
638
Votes |
571
Posts

Home Warranty

Austin Steed
  • Real Estate Agent
  • Columbus, OH
Posted

Is a home warranty worth it?

I have an investment property in Lemoore CA and there is a property management company taking care of things. We had a problem with the A/C and I get this email from my PMC saying that "we will take any action necessary to fix this unit." That made me s""" my pants. Those things can cost thousands of dollars. So I went and re-uped my home warranty. Although, I know that statistically the rates would be in the company's favor and I could just set aside my 40$ a month and pay for something when it breaks. Is that gamble worth it or did I do the right thing and playing it safe and getting a home warranty?

Thanks BP, 

Austin 

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