Home warranty for your SFH?

[Shawna Clark]

A few years ago I decided to keep my house and rent it out when I got married and moved into my husbands house. I simply put a home warranty on the house for $500 per year and when anything broke, like a garbage disposal, the home warranty company would send someone to repair it and all I paid was $75 for that repair. This worked out great for 3 years then decided to sell. I recently bought another SFH, purchased the warranty for this one and this is how I handle any maintenance. I work full time and so does my husband and neither of us are interested in making repairs ourselves. I don’t ever hear or see anything about warranties on here so wanted to get thoughts from others. When I purchased this house, my realtor handled all the screening to get it rented for me, only charged $100 and after the lease is signed he gave me the tenants contact info and I took it from there. I plan to continue with this system on more houses I purchased. Thanks for your time and for sharing.

[Dennis M.]

@Shawna McCasland Home warranties are a waste of money more often than not