Welcome to Mark Kozak - CENTURY 21 Foothills Real Estate Sign in | Help

Mark Kozak - Century 21 Real Estate

Real estate information, news, sales, and updates from Mark Kozak with Century 21 Foothills Real Estate in Lethbridge, Alberta, Canada.

News

  • Did you know that you can earn AIR MILES Reward Miles when you buy or sell a home with Mark Kozak at Century 21 Foothills Real Estate?
This Simple Question Can Save You a Lot of Money

Imagine this scenario ...

You purchase a new home and move in. A few weeks later you hear a strange rumbling sound. It's the furnace. It's only a year old, yet it's sputtering like it's twenty. You realize you'll have to call in an HVAC contractor to get it fixed.

You're thinking, "Ouch! This is going to be expensive."

Well, maybe not. You see, since that furnace is relatively new, it might be covered by its original warranty - even for you, the new owner.

But a warranty is useless if you don't know it exists.

Recent studies suggest that upwards of 50% of people pay to get items fixed that were actually covered by a warranty. So, when purchasing a new home, be sure to ask this simple question: "What warranties do you have for items, materials or workmanship in this house?"

Warranties are common on new stoves, fridges, washers, dryers and other big ticket appliances. Some such warranties are transferable, which means they are still in force when the items pass from one owner to another.

Even less expensive items, such as leectronic thermostats and automatic garage door openers, may be covered by a transferable manufacturer's warranty.

If the home you're purchasing is relatively new (say, less than 10 years old), the builder's warranty may also still be in force. That can be handy if a structural problem arises.

Even recent renovations, may have come with a labour and/or installation warranty of some kind.

As you can see, warranties are everywhere! The more you're aware of them, the more you'll save when something needs repair or replacement.

 

 

Posted: Monday, August 28, 2017 7:25 PM by Mark Kozak

Comments

No Comments

Anonymous comments are disabled