As a seller home warranties can be a great incentive for prospective buyers. A home warranty is essentially insurance on certain house items or mechanicals. Home warranty plans vary and some plans may only include kitchen appliances while others may cover HVAC, plumbing, electrical, etc. It is important to check into detail for items covered when shopping for one.
Prices have some variation regarding home warranties based on items covered and duration. Most plans are bought on a year basis (just as you would insure your house or car). If shopping for a home warranty you may see more affordable plans for a few hundred dollars and more extensive plans that usually hover around the $1,000 dollar mark.
As a seller you can offer a "seller paid" home warranty to help market your property. This makes the plan free for the buyer and adds reassurance to their purchase.
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