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Personal Finance (Not Investing) • Home Warranty - Better to Pocket the Premiums (as buyer)

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House under contract as buyer. Contract says seller will reimburse buyer up to $750 for home warranty.


Given all the headaches, hoops, gotchas etc... of these warranty schemes I assume the prevailing wisdom of BH's is to pocket the $$? I would do this by a free cancel of the warranty within the first 30 days.


Newly installed kitchen appliances, roof, hot water heater, and sump pump. HVAC is near end of life - could die this year or go another 5+ years. Separate from home warranty I negotiated $3,000 credit. So the idea would be to just save the cash and not mess around with the warranty company.

Statistics: Posted by DarkHelmetII — Thu May 02, 2024 8:00 am — Replies 0 — Views 34



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