Home Warranty

A Home Warranty is a WIN-WIN situation for buyers and sellers as well as Riviera Realty agents.

Advantages for Buyers

A Home Warranty offers buyers the piece of mind that should anything unexpected happen (due to normal, every day wear and tear) of the home's appliances, heating, air conditioning, plumbing, and electrical systems, it will be repaired (or replaced in some cases) for you without costly fees.

Also, buyers will not have to worry about finding a reputable repair technician that they are uncertain they can trust. This will save everyone precious time and money.

Advantages for Sellers

Sellers can relax knowing that they have a Home Warranty protecting them from costly repair expenses during the listing period, closing and sale of their home.

Advantages for Riviera Realty Agents

Riviera Realty Agents know that the added incentive of a Home Warranty makes the deal for both buyers and sellers, smooth and hassle-free.

If a Home Warranty is offered, a Riviera Realty Agent will include this in their marketing plan as both a buying and selling tool. It is just another added feature for the home seller(s) to offer the potential buyer(s).

What does a Home Warranty cover?

A home warranty offers piece of mind for everyone. There are many different companies available that offer Home Warranties. However, not all warranty companies offer the same services. It is important to research a reputable company or consult your Riviera Realty agent for more information on finding a plan that best suits your needs.

Be sure to look for a Home Warranty plan that covers:

• Heating System (Furnace/Boiler/Heat Pump)
• Air Conditioning System/Cooler
• Duct Work
• Plumbing System
• Water Heater
• Water Softener
• Permanent Sump Pump
• Electrical System
• Dishwasher
• Garbage Disposal
• Built-in Microwave
• Range/Oven/Cooktop
• Trash Compactor
• Exhaust Fan
• Whirlpool Bath Tub
• Door Bells
• Ceiling Fans
• Garage Door System
• Central Vacuum
• Burglar and Fire Alarm System
• Refrigerator
• Washer/Dryer

Some plans offer additional coverage (with an additional fee) for specific home features including:

• Ice Maker
• Stand Alone Freezer
• Well Pump
• Pool/Spa Combo

What does a Home Warranty cost?

A Home Warranty usually costs between $300 - $600 annually and carries a $50 - $100 service fee for each repairable item. Most Home Warranties usually offer (1) year or less of coverage time. All repairable items need to be covered in the sale of the home in order for the Home Warranty to be effective. Some Home Warranty companies charge additional fees per year for added features of the home.

Is there a waiting period for a Home Warranty Plan to begin?

This depends on what plan you purchase. In some cases, you plan will begin in 30 days or more, but generally, most plans begin immediately.

What Company Should You Use?

Coldwell Banker Riviera Realty highly recommends the home warranty service provided by American Home Shield. 

Your Coldwell Banker Riviera Realty Agent can provide you with more information.  Please call or email us, or your Coldwell Banker Riviera Realty agent, to receive the phone number or email address of the American Home Shield Representative servicing your area. 

Sites referenced in this research:

• www.hwahomwwarranty.com
• www.americanhomeshield.com
• http://www.bankrate.com/brm/news/moving_on/edit/homewarranty.asp?prodtype=relo

The information above is provided to help with all your New Jersey and Ocean County real estate needs. Coldwell Banker Riviera Realty, Inc. specializes in Ocean County homes for sale, particularly with

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