Moving is one of the most high-stress events we experience. Fortunately, a home warranty can make the process of selling your home a little bit easier.
There are of course the standard benefits of home warranties. If the water heater suddenly starts acting up, or the garage door is on the fritz, your home warranty provider can send a technician to resolve the issue at minimal cost to you. But there are less obvious advantages of having an active home warranty contract while your home is on the market. For one thing, warranties have been shown to increase home values. For another, homes with active home warranties sell more quickly than homes without them.
So you’ve found a buyer, sold your home, and moved out. What happens to that home warranty? In this post, we’ll review how to convert seller home warranty coverage for the new buyers of a home.
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Policies may differ from plan to plan, but generally yes, home warranties are transferable service agreements. It is incredibly common for a real estate agent or home seller to purchase a home warranty policy with the intent of later transferring it to the new buyers of the home.
The process of transferring your home warranty contract is actually quite simple, but it can work out in a few different ways.
Often, the process of transferring home warranty coverage requires only a phone call. Let’s review step by step.
If you have a policy with Liberty Home Guard that you would like to convert, reach out to us today at (833)-544-8273. We’re happy to talk you through the process.
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In this article, we’ll provide an ov
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