My house is 10 years old. I received an insert from the mortgage company. It is an offer to purchase a home warranty. Everything in my house is original except the disposal.
I have never purchased one! My clients often do. You are going to have to help me here.
This one is underwritten by HomeSure of Virginia. I am not familiar with them. It covers everything that my disaster insurance does not - appliances, systems, etc. Everything.
Terms: $38/month, added to my mortgage payment. Deductible $60 per service call, 24/7. (That is cheap compared to some I have seen) They have their own "pre-qualified" service agents, of course. Also, there is an offer to purchase anything at a 30% discount BEFORE it breaks. Not bad it seems.
I have until Feb 28 to decide.
-- What do you think?
-- Do you have experience with HomeSure?
-- Should I wait another 5 years or so - 5x12x$38 = $2280, less than a furnace or AC system (which would need upgrade to a SEER 13)?
This is a really wonderful forum to ask questions like this! ¡Tantas gracias!
Jay Markanich Real Estate Inspections, LLC
Based in Bristow, serving all of Northern Virginia.
Office (703) 330-6388 Cell (703) 585-7560