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Home Warranty Advantages
Benefits For Home Seller
- Homes with a home warranty can sell 50% faster than unwarranted homes on average.
- Makes your home more attractive to buyers. An LHI Home Warranty makes your home more attractive to potential buyers, especially if home systems, appliances and other items are aged. If two homes are equally attractive to a buyer, the one that offers home warranty coverage might come out on top. Eight out of ten buyers would prefer to buy a home with an appliance warranty.
- Increases the chances of a higher selling price. Up to 3% more, on average, by making it a safer investment for the buyer.
- Reduces your liability. After your closing, buyers shouldn’t come knocking on your door if something fails, but that doesn’t mean they won’t, especially if they feel you didn’t disclose a defective major system.
- Consumer confidence. Combined with the pre-inspection, this provides unmatched buyer confidence. A LHI Home Warranty provides any buyer with peace of mind.
Advantages to the buyer
- Promotes confidence in your purchase
- Provides specific coverage for both mechanical systems and structural components in the home, with clearly stated limitations
- Can be used in conjunction with other coverage
- No deductibles
- Helps you protect your most important investment
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