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Homeowners in North Texas: Do You Need a Home Warranty

homeowners in north texas

You may already own a home, or perhaps you’ve got your eye on the home of your dreams and have made an offer. Regardless of the situation, do homeowners in North Texas need a home warranty – and what is it, really?

Basically, a home warranty is like insurance that covers repairs or replacement of any system in your home that may malfunction. In most cases, the cost or “premium” falls between $300 and $900 annually. The benefits of having a home warranty is that when a problem occurs, the warranty company takes care of it. You simply call the provider, or in many cases you can submit a ticket on the Internet. The company then works with their chosen service providers and has someone come take care of the issue for you, whether it requires repair or for example, replacement of a malfunctioning appliance. While you may have a co-pay of about $50 or so, the premium you pay covers costs.

Who needs a home warranty most?

First-time home buyers often benefit, as many Millennials and Gen X/Y buyers who have been renting a home or apartment are not familiar with making repairs or replacing broken systems – the landlord has always taken care of problems. A home warranty is really a good option for any homeowner, particularly those who aren’t “handy” when it comes to repairs, who don’t want to face huge repair or replacement costs, or who work long hours and simply do not have time to make endless calls for quotes or to wait around the house for hours for a repairman to show up.

In some cases, a home warranty is purchased by a real estate agent as a closing gift for clients who purchase a home. Additionally, just as with any other purchase you’ll want to compare coverage and premiums before you jump in and purchase a home warranty.

During the first year of owning a new home, many people are short on both money and time. This is the ideal time to consider a home warranty.

Team Nelson is a team of professional Flower Mound real estate agents providing guidance for those looking to buy or sell a home in the North Texas area. Give us a call with your questions regarding a home warranty, or let us help you find your dream home today!

What People Are Saying

  • Extremely diligent, organized and understood what we were looking for. Buying a home can be a very emotional process and Kevin kept my wife and I grounded and focused on finding the homes of our dreams!

    russell williams08 Avatar
    russell williams08
    1/18/2017

    We used Team Nelson to sell our house and purchase a new one. The whole team was great. They gave us good advice throughout the process, our home sold over a single weekend of showing and they did a great job showing us many houses and working with us to find the perfect house for us.

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    mexidip3302
    10/28/2015

    Second time in 3 years that we have used Team Nelson to list our home. I can't say enough about the professionalism and personal service. Bill Nelson and Kevin Englebrecht are top notch, always available when we had questions and helped us get the most out of our home(s) during a strong market and most recently in a more challenging market. We highly recommend Team Nelson when you have a home to sell and when you are looking to purchase a home. And don't forget to use them even in a new build situation they will help you negotiate and will be there to support you during the entire build stage.

    Brad Drown Avatar
    Brad Drown
    12/04/2019
  • Our agent was super helpful and very friendly. We had done much of the research on our own and knew what we wanted, Team Nelson helped us where we needed help rather than pushing us towards other homes for a better commission as many real estate agents have done before.

    Cody Dunlap Avatar
    Cody Dunlap
    12/11/2018

    Bill and his team made our selling and buying process so easy AND they saved us $8000. Thank you Team Nelson!

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    Stacey Thompson
    12/11/2018

    Team Nelson was successful in assisting with the sale of our current home as well as the purchase of a new home. Everything went very smooth.

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    Kathy Fuller
    8/11/2019
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