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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

  • Best damn team in DFW. They sold our home in a tough market and helped us buy a home that we resold for a nice profit. Great team. Great people.

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    Tim Sojka

    Used Your Home Free-Team Nelson Realty to sell my father's home and then when it came time to sell our home we knew that this was the perfect choice for us as well. With Your Home Free we were able to save thousands of $$$ on the sale of our home which we were able to then use on the purchase of our new home, which Team Nelson helped us buy. We worked with Kevin Englebrecht and he was very knowledge on both ends of our deal and just added a nice personal and caring aspect to the process.

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    Teresa Drown

    I was not impressed with my transaction through Team Nelson Realty. We were allowed certain concessions when making the purchase of a new home. When it came time to close Team Nelson did not uphold their end of the deal. Maybe it's old fashioned of me, but when you say you will do something, you do it.

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    Jen Jl
  • We just closed on our home this morning. FYI they were are 3rd realtor, and should have been our first. The pictures and the virtual reality tour they put together on our 5200 sq ft house were very professional and brought us several serious buyers. We have a complex sale that they navigated with us every inch of the way and provided expert professional guidance throughout the process. They were highly recommended by a local builder as a excellent realtor who could save us some money while providing superior service and they definitely delivered on both. Thanks again Bill and Kelly who worked extremely hard for us.

    Michael Christopher Avatar
    Michael Christopher

    We were very pleased with Bill and his team! We sold our home in Southlake and saved $18,000 by using Bill! His office consists of experts in all phases of selling a home .. each was very efficient and knowledgeable in the process. When selling a home why would you not prefer to save 3% in realtor fees? My husband and I would use Bill again in a heartbeat!

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    Candace Reed

    We had a great experience both buying and selling with Kevin at Your Home Free. We were a little wary that it was all too good to be true, but their service exceeded our expectations. The home photography and digital marketing tips are above average, and Kevin and Bill have a great balance of...

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