Tips To Help You Through The Home Buying Process
There are many things to think about when you are going through the home buying process. If you have been renting a house, then you have probably been relying on your landlord to fix any issues that you have run into.
Once you become a homeowner, you will be the one responsible for fixes big and small. When it comes to big issues that will likely be costly, a home warranty may be exactly what you need.
What Is a Home Warranty?
A home warranty is much like an insurance policy. It covers some of the costs to replace or repair broken or malfunctioning systems in the home. Sometimes these costs can be hundreds of dollars (maybe even thousands, depending on the fix).
When you have a home warranty you simply contact your home warranty company when something needs fixed. The home warranty company will then set up the repair or replacement with one of their vendors.
You may be liable for a deductible or other similar fees. But if you have a home warranty and your home and auto insurance with HomeMembership – you will pay a $0 deductible!
Having a home warranty can give you the peace of mind, similar to having a landlord.
Maintain the value of your biggest investment while protecting yourself against out-of-pocket home repair and service costs when you purchase a membership with HomeMembership.
From Renter to Home Ownership
Making sure you are covered is important, however, not all home warranty companies are alike. You should do your due diligence and research home warranty companies before making a purchase.
With HomeMembership you are not just purchasing a home warranty, but you will get protection from extensive repairs to your appliances and operating systems. Your membership will include discounts to local and national retailers, restaurants, and home service providers.
You will also get an annual complimentary home, and auto insurance quote from many top-rated insurance companies, $0 deductible on home service claims available, and access to member services that are exclusively for HomeMembership members.
You can rest easy when you have a membership with HomeMembership! We are a #1 Rated BBB Company and we have a 5-Star Google Review average. We think we are the best home warranty! Visit HomeMembership.com for more infomation.
Don’t let being responsible for repairs keep you from becoming a homeowner. Homeownership has a lot of benefits, such as tax advantages, more privacy, the ability to renovate or do what you would like to the home because you own it, and so forth.
You will also have the peace of mind in knowing that your payment is not going to increase if you are in a fixed-rate mortgage. Your rent will most likely grow from year to year if you are renting a home.
What To Expect When Going Through The Home Buying Process
Once you have made the decision to start looking for a home, you will want to give your landlord notice. This will be important to fulfill your lease and give your landlord a 30 day (or whatever your lease states) notice. This also gives the landlord time to start looking for a new tenant.
Before looking at houses, you will want to speak with a lender. Knowing how much you are pre-approved for is very important, and something you should do before viewing homes, that way, you don’t have your heart set on something that is out of your budget.
Once you have spoken with the bank and you have a real estate agent that you would like to work with, you can start researching the neighborhoods you are interested in.
Going through the home buying process can be exciting, especially when you have a plan in action.