Do you warn your clients about warranty's?

[Jeffrey R. Pope]

First American offers such a warranty.

Originally Posted by bking

No you don't but I would hope you warn your client to find the true facts.
They are told bogus info around here on a daily basis. I really doubt its any different there.

If it's not inspection related, it's none of my business. This includes, but is not limited to;

Purchase Price
Interest Rate
Warranties
Insurance
Appraisal
Title
Easements
Commissions
Liens
Escrow
Etc.

[Bruce A. King]

http://www.homewarrantyreviews.com/reviews


First American got a 1.5 out of 5 rating

http://www.homewarrantyreviews.com/r...-home-warranty


I think its like a lot of things in this world, individual results will vary, probably get better service after you have paid your premium for several years.

The new customer who has no service records and an expensive problem could have an uphill battle with any warranty provider.

Just trying to help out on here, lots of readers appreciate posters who can think outside of the box. FWIW, I have had zero complaints in almost 5 years so I must be doing something right.

[jhugenroth]

Originally Posted by jfunderburk

The seller's warranty is not associated with a home inspection in my opinion and I don't mention it. It's not my job to tell a buyer to read the fine print on all the documents associated with buying a house.

Agreed.

What are we now, everybody's nanny?
As far as warning clients about every little thing perceived as dubious, where is that in the job description? As other posters have said, where does it end?
What you do is your business, but don't say the rest of us are wrong for not doing things your way.

[Keith Runquist, CMI]

American Home Shield will cover older units.

[mnahrgang]

Here is a sample scenario that I've had a few times...

ME: The AC compressor is very old. It's working at the moment but you should budget for replacement in the near future. Theres no telling how long it will last.

Agent or client: That's ok, the sellers are providing a home warranty.

ME: That's great, just be sure to read all the fine print because those warranties don't cover everything.

[Joe Funderburk, CMI]

Originally Posted by mnahrgang

Here is a sample scenario that I've had a few times...

ME: The AC compressor is very old. It's working at the moment but you should budget for replacement in the near future. Theres no telling how long it will last.

Agent or client: That's ok, the sellers are providing a home warranty.

ME: That's great, just be sure to read all the fine print because those warranties don't cover everything.

Ditto. I will say likewise if the conversation comes up. But I don't go to the trouble to document it in reports.

Bruce, I don't think anyone is saying you're wrong. There is nothing that prohibits anyone from exceeding the SOP. Keep up the good work.