Home Warranty List

In most of our Texas sales contracts, it is very common to have seller cover the cost of the home warranty for buyer. The providers will be buyer’s choice.

Here are some options. Service fee is typically $75.

If you choose not to keep the warranty, you can cancel within 30 days after closing and get the refund.

It is a common practice for sellers to cover the first 1 year of home warranty for buyers.
The many items are covered under this policy. Each service call is about $75.
The provider is buyer’s choice in most cases.

Allied Home Warranty – http://www.alliedhomewarranty.com/
AHPS – http://www.ahpshomewarranty.com
American Home Shield – http://www.ahswarranty.com/
BFS- http://www.bfshomewarranty.com/
Buyers Protection Group – http://www.landamhomewarranty.com/
Choice Home Warranty – http://www.choicehomewarranty.com/
Fidelity National – http://www.homewarranty.com/
First American – http://homewarranty.firstam.com/
Home Warranty of America – http://www.hwahomewarranty.com/
Old Republic – http://www.orhp.com/
Landmark Home Warranty – http://www.landmarkhw.com/

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Standard sale vs. Foreclosure

	Regular sale	Fannie Mae	Typical foreclosures
Title Policy (1%)	Seller pays	Seller pays	Often buyer has to pay
Warranty (about $450)	Seller covers	No warranty paid by seller	No warranty paid by seller
Survey	Often seller has a copy	No survey. Buyer must pay	No Survey
Seller’s disclosure	Required	No disclosure	No disclosure
HOA transfer fees	negotiable	Seller won’t pay	Seller won’t pay
Option period	Typically 7-10 days of unrestricted right to cancel the contract	Inspection period often applies	Inspection period often applies
Contract extension	Negotiable and often extended for various and reasonable reasons.	Per diem can apply	Per diem can apply

Standard sale vs. Foreclosure