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You, the seller, pays for it and your real estate company is the one that insures the house. You have nothing else to do with it except pay for it. If the buyer decides that they need to sell the house within the year, the real estate company will buy the house off of them and resell it. If something happens, say a leak in the roof, it is also covered within the one year period.
Since you're the seller it's a "can't hurt' selling point.
As a buyer , and from others I know with like experiences..(ie ,,,actually filing a claim and trying to make use of the "insurance", they tend to be worth little more than the paper they're printed on...
Since you're the seller it's a "can't hurt' selling point.
As a buyer , and from others I know with like experiences..(ie ,,,actually filing a claim and trying to make use of the "insurance", they tend to be worth little more than the paper they're printed on...
Maybe my experience was different from the norm, but we had no problems what-so-ever filing for and receiving the work needed under the warranty. Major plumbing problem with the stack from a bathroom that was unused by the previous owners (hence the reason they didn't fix it). We contacted the warranty people, they gave us the name of a plumber to call, we paid our $55 "co-pay" and they fixed the problem. No complaints from us at all. We were very glad that the warranty came with the house!!
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