Chicago Home Warranty
They are not very expensive - A few hundred dollars will cover you for the entire year. Some sellers will include a warranty when you buy the home. Home warranties can be especially important when buying an older Chicago home.
Many have a deductible - Know this amount before hand. If you don't have warranty protection, and something does require repairs in the future, you could have to pay extra for repairs.
There are different amounts of coverage - Some plans only cover specific systems in the home, while others are all inclusive. It's up to you to decide how much coverage you want your home to have.
They involve using certain service providers - Many warranties require you to use specific service providers. See what your warranty stipulates.
Requests can be processed at anytime - Something can go wrong at anytime, not just when you're home some Saturday afternoon.
The specifics of your home warranty will be detailed in the actual document. Make sure you understand the coverage and limitations on your warranty.
Your Home Warranty should outline all of the facts listed above in detail. Just ask if you have question about anything the warranty does or does not cover.
Talk to any one of our Chicago real estate agents about what kind of home warranty is right for you.
