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Decoding The Mystery: Who Covers The Expense Of A Home Warranty In A House Purchase? - Onthemarc - Read Latest Local News And Media News =========================================================== ### Introduction Home warranties are a crucial aspect of the homebuying process, providing protection against unexpected repairs and replacements. However, who exactly covers the expense of a home warranty during a house purchase can be unclear to some buyers. In this article, we will delve into the mystery of who pays for a home warranty and provide insight into how it works. ### Understanding Home Warranty Coverage A home warranty typically covers major home systems and appliances, including plumbing, electrical, HVAC, and appliances such as refrigerators and dishwashers. The coverage period is usually one to five years, depending on the policy. During this time, the homeowner is responsible for paying a premium to have these essential services replaced or repaired. ### Who Covers Home Warranty Expenses? The answer to who pays for home warranty expenses can vary depending on several factors, including: * **Homeowner's insurance**: Some homeowners may be covered under their existing insurance policy, while others may not. * **Purchase price of the home**: Homebuyers who purchase a home at the lower end of the market (e.g., $200,000) are more likely to have their warranty paid by the seller or mortgage lender as part of the closing costs. * **Warranty policy terms**: Some policies may require homeowners to pay a higher premium if they opt for additional coverage beyond what is standard. ### Conclusion The mystery of who covers home warranty expenses during a house purchase can be complex. By understanding the basics of home warranties, including what is covered and who pays for it, buyers can make informed decisions when purchasing their dream home. For more information on home warranties and how to navigate this process, visit Onthemarc's website: https://onthemarc.org/decoding-the-mystery-who-covers-the-expense-of-a-home-warranty-in-a-house-purchase/ Stay tuned for our future articles on local news and media news.

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