Are you searching for a new home in Lake Murray, SC?  Help relieve some anxiety by getting a home warranty.  If you aren't an electrician, plumber, or even a handyman, a home warranty can save the day when your new home malfunctions. In most cases, a small service fee is all that will come out of your pocket, even for big repairs.  Today's blog discusses the basics of home warranties, though every policy is different.  So, talk to your real estate agent about your home warranty options so you can decide what is best for you.  You'll be glad you did!  To find out more about this area, follow the link to a detailed guide about Lake Murray.

Home Warranties

One of the scary things about making the leap from property renter to property owner is the idea of maintenance and upkeep. You’re no mechanic or repairman. You don’t know a socket wrench from a sheep ranch. And calling repairmen—how do you know you’re not going to get ripped off because of your lack of knowledge? One solution is the home warranty. These are often offered as part of the buyer’s incentive package when you are buying a home.

What a home warranty is not: It’s not a blanket insurance policy against anything ever going wrong in your home. It’s not a permanent warranty. It does have exclusions. Before you purchase or accept a warranty, it’s good to know what the warranty is, what it covers, what it doesn’t and how it works.
How does it work? Most home warranties are very similar. You’ll want to read your warranty thoroughly and mark anything you don’t understand to have explained to you.

But in general:

  • If a home system or appliance breaks down or stops working, you call the home warranty company.
  • Your home warranty company will call a service provider it has a business arrangement with.
  • The service provider will call you to make an appointment.
  • The service provider will fix the problem. If an appliance or system is malfunctioning and can’t be repaired, depending on your contract coverage, your home warranty company will pay to replace and install the appliance.
  • You will pay a small trade service fee (usually less than $100).

What If the service provider doesn’t fix something to your satisfaction or says that the problem is your fault and isn’t covered by your warranty? Call your real estate agent. Your real estate agent should seek resolution for you.
What’s not covered? Check your specific policy, but in general:

  1. Outdoor items such as sprinklers
  2. Faucets
  3. Refrigerators, washers, dryers and garage door openers
  4. Spas and pools, unless specific coverage requested
  5. Permit fees
  6. Haul aways

What can cause denial of a claim?

  • Improper maintenance
  • Code violations
  • Unusual wear and tear
  • Improper installation

General coverage includes

  • Air conditioning
  • Dishwashers
  • Doorbells
  • Furnace/heating systems
  • Water heaters
  • Ductwork
  • Garbage disposals
  • Inside plumbing stoppages
  • Ceiling fans
  • Electrical systems
  • Range and oven
  • Telephone wiring

Your responsibility is to read thoroughly and understand your warranty before you agree to the terms. Be sure to clear up anything you don’t understand before you sign anything.


Check out our latest blog posts from within our network:


Most Recent Lexington County SC Median Homes for Sale April 16th 2014

Allow us to be your guide as we give you a closer look at the most recent median homes for sale in Lexington County, SC.  Located in popular neighborhoods with all of the comforts your family needs, these homes are priced from $125,000 to $300,000.&n...Read more

Newest Startup Homes for Sale in Lexington and Richland County SC April 28th 2014

Today is Monday, April 28th and we would like to share with you the newest startup homes for sale in Lexington and Richland County, SC.   If you are planning to move to the area, but are shopping on a budget, you will want to take a look at thes...Read more

Current Upscale Homes for Sale in Chapin SC as of April 14th 2014

Take a moment and browse through the current upscale homes for sale in Chapin, SC.  With amazing water views, high-end finishings, and prestigious locations, these Chapin homes are the perfect way to upgrade your family this summer.  Prices on t...Read more

Lexington SC Current Luxury Homes for Sale as of April 19th 2014

It is our pleasure to share with you the current luxury homes for sale in Lexington, SC.   This growing community offers a convenient location, close to Lake Murray as well as the capital city, Columbia.  Also, the schools in Lexington are some of the best in the area, ensuring that your family will receive a quality education.  The homes listed below are priced from $600,000 to $1,000,000 and offer luxury features including lakefront views, hardwood floors, spacious decks, and exceptional craftsmanship.  We invite you to also browse our website, where you have access to all of the real estate listings in the area.  Read Full Post →


Newest Entry Level Homes for Sale in Columbia SC as of April 19th 2014

Join us today for a tour of the newest entry level homes for sale in Columbia, SC.  You will love living in the capital city with its variety of dining and entertainment, as well as the easy access to a higher education.  If you are looking for a family home that won't break the bank, take a moment and browse through the listings below.  Read More...


Other Sites Posted:  ActiveRain  AGreaterTown  RealTown  Trulia  CrackerJackAgent  WithExit  ExitMid-Atlantic  ExitVirginia  ExitRealtySoCal  Hubrec


Lake Murray SC Real Estate - EXIT Real Estate Consultants in Lake Murray SC
Lake Murray is almost entirely located in Lexington County and is just a short drive to the capital city of Columbia.  A popular vacation destination, Lake Murray offers all of the amenities of lake living. Exit Real Estate Consultants is your local expert in all your Real Estate needs in Lake Murray South Carolina. Our website offers access to the most comprehensive MLS Listing Service with free access and advanced tools for Real Estate Buyers and Sellers - put us to work for you; our service will impress you! (803) 358-0888.


*Article printed with full permission and edited by author and copyrighted.