As home price rebound in a recovering housing economy, more sellers are purchasing extended home warranties (also called service contracts) to give themselves a competitive edge.
“Securing your home with an extended warranty is a great way to set yourself apart from other sellers,” said Tim Meenan, Executive Director of the Service Contract Industry Council. “Buyers seek out homes that are covered by an extended warranty because it can potentially save them thousands of dollars in post-sale home repairs.
To view article in print: RealEstateEconomyWatch: Rising Home Prices Drive Home Warranty Sales (8/19/13).
To read on the web: Click here for Rising Home Prices Drive Home Warranty Sales article.