A home warranty is a good idea when buying or selling a house, for many reasons.

As a buyer, it helps insure that your investment is covered against issues that arise with major home systems like heating, air conditioning, electrical, security, plumbing, drainage, as well as coverage for major home appliances like refrigerators, dish washers, washer/dryers, hot water heaters, and so forth. The last thing you want to do is buy a new home just to find that you need a new heating unit or dishwasher.

As a seller, it puts the buyer at ease with the condition of your home. If you are trying to sell in a poor Market, a home warranty will be an added bonus to focus attention on your home and set it apart from others on the Market. If you do buy a home warranty, be sure to advertise it on signs, flyers and in your agent’s online advertisements.

All policies are different, so you want to make sure you’re familiar with what is covered, applicable deductibles, and conditions of insurance.