Real Estate Term Tuesday: Home Warranty

Home Warranty- Take it or Leave it?

Whether you are a buyer or a seller, checking out home warranty options is worth a few minutes of your time. There are a number of home warranty options, this post will be highlighting Universal Home Protection as it is one of the better known companies in the area. 

For Sellers

If you are selling your house, purchasing a home warranty will cover mechanical malfunctions during the time that your home is on the market plus the first year that new buyers purchase the home. 


  • If you put your home on the market then a week later the hot water heater stops heating or something else of that nature, you're covered. 

  • It is becoming increasingly common for buyers to include a home warranty plan in their offer to purchase.

    • If you are going to pay for the home warranty for the new buyer, you will pay the same amount for a longer term of coverage if you purchase the warranty when you list your home.

  • Advertising that you have a warranty that will be transfered to the new homeowners at closing can be attractive to a lot of buyers.


  • You are paying for a home warranty.

For Buyers

For buyers, purchasing a home warranty will last one full year from the date of closing with options to renew.


  • Your home inspection will provide you with a lot of information about your home and the appliances in it, but you don't always know how long it will be before the AC, hot water heater, or something similar runs into a problem.

  • You limit the chances of having unexpected repair costs during your first year of home ownership. 


  • You are paying for a home warranty. 

What is covered?

The coverage varies by plan but below is an image of Universal Home Protection's plans. For details and conditions about UHP, please visit their website.

Bottom Line: Home warranties are optional but worth exploring. 

See you next week!

Lizzy Parker: 608-422-2824

Spencer Schumacher: 608-358-7622