Florida Real Estate Blog

We have heard folks say they are not worth the paper they are printed on. Yet we see time and time again how they save sellers money and help get the home closed. Currently it seems that 80% of the offers are asking for a warranty and the nice thing I like about some of them, is that you can also protect the Seller during the listing period. This is very helpful if the seller is out of town and the warranty company only uses licensed and insured contractors. It also limits the out of pocket money the seller needs to come up with. We even had a case where a complete air handler had to be ordered a week before closing it was not going to be installed until the following week. The closing went forward since the Warranty Company had the responsibility to complete the job.