Value of Home Security System and Home Warranty

2 Replies

Any opinions among the BP members about the "real or perceived value" of including a Home Security System AND Home Warranty as added incentives in a rehab sales package? I'm sure the answer varies according to geography and for context I invest lower SES neighborhoods where "safety and crime" are real concerns for potential buyers and/or renters. It seems to me that for a fairly minimal cost you can add both monetary and non-monetary value. Many thanks for your insights!  

Security System:

SimplySafe provides a pretty good system that works off wireless, so you can use it at a property and then take it with you when you leave since there is no hard-wiring required. AND there is no contract like traditional alarm companies require. 

Just be aware that every security system provider I've dealt with has an indemnity clause in it that requires the homeowner to pay the legal fees for the alarm company should a party sue the alarm company as it relates to your a burglar breaks in to your house, is startled by the alarm and cuts himself severely, then sues the alarm company. Frivolous as this suit may seem, the homeowner pays legal fees for the alarm company. 

Home Warranty Company:

I use Home Warranty of America because the offer 13 month coverage as well as seller coverage while home is being marketed.  

Guy, thanks very much, I appreciate your input! 

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