Do I need home warranty when selling my home?

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Chris SeveneyBusiness Member
Moderator
Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
3y

@Daniel Kim

It is not uncommon. There are companies you can use to get a warranty and it’s not expensive

7e investments53 Reviews
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  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    3y

    @Daniel Kim

    It is not uncommon. There are companies you can use to get a warranty and it’s not expensive

    7e investments53 Reviews
  • Lender · St. Petersburg, FL · Member since 2022 · 16 posts · 5 votes
    3y

    Its pretty common and a lot of times the warranty will cover your home while its in the listing stage so if something comes up before you close it can be covered.  I had a listing once that I put a warranty on, just as an incentive to both buyer and seller, and it so turned out that their refrigerator went out during this time and the warranty covered it for them..saved them  around $900.  I was using 2-10.com then.

  • Real Estate Agent · Southern California · Member since 2019 · 681 posts · 281 votes
    3y

    @Daniel Kim Normally I see this! Some companies can provide for a 600 price tag.

  • Theresa HarrisPro Member
    Member since 2019 · 15k+ posts · 11k+ votes
    3y

    I've never heard of it or had one, but I'm not in the US.

  • Peter MckernanBusiness Member
    Residential Real Estate Agent · Irvine, CA · Member since 2013 · 2k+ posts · 1k+ votes
    3y
    Quote from @Daniel Kim:

    I'm about to sell my mobile home in Southern California. The buyer's agent is requesting me, the seller, to provide a 1 year home warranty. Is this commonplace?


     That is fairly standard from new builds to existing homes. The HW for the buyer is basically a good faith showing that you are able to provide a great home and any small items that break are covered for that first year. 

    The McKernan Group4.954 Reviews
  • Real Estate Consultant · Cleveland · Member since 2020 · 6k+ posts · 3k+ votes
    3y
    Quote from @Daniel Kim:

    I'm about to sell my mobile home in Southern California. The buyer's agent is requesting me, the seller, to provide a 1 year home warranty. Is this commonplace?


     No, but why not its under 300 bux. 

  • Fontana, CA · Member since 2017 · 18 posts · 5 votes
    3y

    Thanks everyone for your input! Appreciate it!

  • San Antonio, TX · Member since 2009 · 3k+ posts · 1k+ votes
    3y

    @Daniel Kim It's up to you whether or not you want to provide the warranty for the sale of your mobile home. Though, it may make the home easier to sell if it gives buyers peace of mind when putting in offers. Hope that helps! 

  • Eric GoldmanBusiness Member
    Lender · PA · Member since 2019 · 357 posts · 190 votes
    3y

    before the boom sellers were offering this. I bought my primary in April 2022. seller did not offer that. i head sometimes your agent might gift you one...

    G2loans- Investor and Commercial Mortgages531 Reviews
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