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Home Warranties questions, answered by experts

Whether a hot water heater warranty transfers to a new owner depends on the terms and conditions of your specific warranty. However, in most cases, the warranty is not transferable. If the terms of your warranty are unclear, you should reach out to the manufacturer directly for an answer.

Yes. If the seller includes a kick-out clause in the contract, they can accept another offer while contingent.

A home warranty usually covers electrical wiring work, depending on your specific plan. Most home warranty plans cover repairs for major appliances and home systems, including failure due to wear and tear. Home warranties aren’t as common as homeowners insurance, but they are more likely to cover old wiring.

A home warranty is like a protection plan for things that insurance wouldn’t normally cover. You pay a monthly or annual fee to maintain coverage, and your home warranty provider will cover the cost of repair or replacement for covered items if something breaks down. The idea of a home warranty is that it provides you with peace of mind that you won’t have unexpected appliance or home system repair costs. They can also make your home more valuable to buyers, as they help ensure they won’t face high repair costs after putting a large down payment on a house.

Many contractors offer warranties for parts and labor. Confirm terms before hiring.

The Soldotna, AK homeowners’ guide to home warranties

From average costs to expert advice, get all the answers you need to get your job done.

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    If you’re looking to add a level of protection to your home’s appliances and systems (like plumbing), you may be considering purchasing a home warranty. Keep reading to learn about the various pros and cons associated with common home warranty plans.

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