For many home buyers, purchasing a basic home warranty for around $350-500 annually is a cost they are willing to incur in order to protect themselves from expensive repairs or appliance replacements. First-time home buyers in particular should not overlook the advantages of investing in a basic or upgraded home warranty, according to the National Association of REALTORS®.
Whether you are considering your home warranty options now or are already covered, you can take simple steps to fend off appliance breakdown. While “DIY” major repair attempts can actually void your warranty, keeping up a regular maintenance schedule will extend the life of your appliances and improve performance.
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