a defense against costly repairs or complete replacement of existing vital household systems and appliances breaking down from normal wear and tear
a type of limited insurance policy covering basic major systems and appliances in the home
Warranty against malfunction of mechanical systems of the property, including plumbing, electrical, heating systems and installed appliances.
A limited home warranty program available through REALTY WORLD® offices for home buyers and sellers. It protects against major repair bills on major appliances and certain mechanical elements and systems.
Protects against failure of mechanical systems within the property. Usually includes electrical, plumbing, installed appliances, and heating systems.
Type of insurance that covers against failure of mechanical systems on a property, such as plumbing, electrical, heating systems and installed appliances.
An insurance policy which typically covers failures in the plumbing, electrical and heating systems and breakdowns of major appliances. The policy holder pays a deductible to have the item repaired or replaced during the term of the warranty.
A home warranty plan is a type of insurance that covers repairs to specific parts of the home for a predetermined time period. Because home warranty plans typically cover small-potato items, such plans are not worth buying. Instead, spend your money on a good house inspection before you buy the home in order to identify any major problems (electrical, plumbing, or structural).
Protection against failure of mechanical systems within the property. Usually includes plumbing, electrical, heating systems and installed appliances.
Protects against mechanical systems' failure, including pluming, installed appliances, heating.
Insurance that covers appliances, heating systems, etc. Typically purchased at the time of closing.
Protection against failure of mechanical systems with the property. Frequently includes plumbing, electrical, heating systems, and installed appliances.
An insurance program offered to Buyers by some brokerages, warranting the property against defects for a specified period of time. Usually includes plumbing, electrical, heating systems, cooling systems and installed appliances. nstallment Contract- A contract for the sale of real estate whereby the purchase price is paid in periodic installments by the purchaser, who is in possession of the property even though title is retained by the seller until a future date, which may be not until final payment. Also called a contract for deed or articles of agreement or warranty deed. ease Option- A lease under which the tenant has the right to purchase the property either during the lease term or at its end.
Insurance Purchased around the closing period. The insurance that covers appliances, heating/cooling systems, etc.