Camelot Moving and Storage located in Santa Clarita, CA offers local and long-distance moves, commercial relocations, and local storage

Four Insider Tips About Home Warranties

Four Insider Tips About Home Warranties

“PRICE IS WHAT YOU PAY; VALUE IS WHAT YOU GET.”

~~Warren Buffet

insider-tips-about-home-warrantiesI get many questions about the different plans Fidelity National Home Warranty (FNHW) offers in the Santa Clarita Valley area. Buyers and sellers want to know the benefits of a home warranty, and there are many!

What is a home warranty?

A home warranty is a one-year service contract that covers the repair and/or replacement of a home’s major systems and appliances. However, not all appliances or items in a home are covered. A review of your home warranty contract is recommended so that you know what is covered and what is not.

A Fidelity National Home Warranty can be customized to fit your needs. For example, the buyer can add various options to the basic plans. Options for additional coverage include such items as the kitchen refrigerator, washer/dryer, outdoor spa or pool, well pump, septic pumping, etc. Our prices start at $275 for a basic package and go up depending on what additional options you choose.

How does Fidelity National Home Warranty benefit buyers in the Santa Clarita Valley?

It benefits buyers by providing them with peace of mind. When a covered item breaks, the buyer only needs to make one phone call and we are on our way to help solve the problem. Even with a perfect inspection report, things can go wrong early in the contract period. A home warranty gives the new homeowner a trusted source to call to provide timely service and licensed technicians.

In addition, a FNHW protects the homeowner from large out-of-pocket expenses and unexpected repair costs. There is a small Service Trade Call Fee of $65 that is paid at the time service is requested. Remember, without a home warranty the homeowner could pay as much as $150 just for a diagnosis, and that does not include parts or labor or the replacement of the item.

Does age matter to us?

No, it does not, as long as the systems and appliances are in good working order at the start of the contact period. If something is old and breaks down due to normal wear and tear, we are there for you! Obtaining service is easy—simply call the toll-free number 24 hours a day/7days a week. Emergency services are available!

Lastly, buyers get immediate coverage at the close of escrow. There is no 30-day waiting period for homes going through a real estate transaction, and coverage is renewable year after year.

Are there any benefits to the seller?

Yes! When the buyer’s home warranty is ordered at the time of the listing, seller’s coverage can be ordered as well, protecting the seller during the listing period. Seller’s coverage and the buyer’s home warranty plan are both paid for, usually by the seller or buyer, at the close of escrow. No money is collected up front, and there is no obligation if the house does not sell. It also reduces after-sale hassles for the seller since the new homeowner will call us when a covered system or appliance breaks down.

Placing a sign rider on the property stating that the home is covered by a FNHW Home Warranty shows prospective buyers that they do not have to worry about the major systems and appliances—a clear advantage to the new homeowner!

Remember that if you are a real estate agent, there are many benefits of ordering a FNHW for your buyers and/or sellers. It is a great listing tool, and it reduces after-sale hassles because FNHW handles the covered service issues for you. Agents that order a FNHW report very satisfied and happy customers as well as increased referrals. Fidelity National Home Warranty is a win-win for all!

If you have any questions, give me a call and I’ll be glad to talk to you or your buyer/seller to help them understand the benefits and savings a FNHW can provide.

June Glynn

Assistant Vice President

Fidelity National Home Warranty/Disclosure Source NHD Reports

1-800-308-1424  Ext:3350

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Camelot Moving & Storage
28040 Industry Drive, Valencia, CA, 91355
Phone: (661) 255-3112
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