Do You Need a Home Warranty?
One of the more stressful aspects of buying or selling a Lake Of the Ozarks home is the uncertainty that both buyers and sellers face regarding the decision itself. In each instance, there is risk and liability. It is worthwhile to understand and consider the value of a home warranty, especially during the period of listing or buying a home. Both buyers and sellers should research home warranties to understand how they work, what is covered, and the limitations of a warranty. Home warranties are not homeowners insurance. Homeowner's insurance covers the house itself, usually against fire, theft, vandalism, windstorms, natural disasters, accidental damage, or injuries. The job of this type of insurance is to protect your investment and your liability. But homeowner's insurance rarely covers the home's mechanical systems, leaving you vulnerable to the inconvenience and costs associated with breakdowns of these systems. This is where a warran...