Originally Posted By: janderson
This post was automatically imported from our archived forum.
One year warranties are a big marketing tool for the RE Agents around here. Since I am a relatively new inspector (approximately 5 years now) I am working with relatively new real estate agents who, subsequently, work with many first time home buyers. These agents are including the one year warranties as a marketing tool with their buyers–they simply take the one year premium out of their commission. Sure they may be out an extra few hundred bucks for the warranty but they will regain that in referrals from their satisfied client. Most if not all of those warranty programs begin at the time of closing, that’s where the inspector warranty programs come into the picture.
Many inspectors are now following suit and including a 90 day warranty with their service. Since these warranties usually are in effect from the date of inspection until closing or shortly thereafter, they compliment the one year programs. Since the calls for broken appliances or other items are most likely going to come in after closing, you guess who they call--the one year warranty number, leaving you completely removed. ![icon_razz.gif](upload://rytL63tLPMQHkufGmMVcuHnsuWJ.gif)
The main thing to consider with any warranty program is that they will not cover anything that was a preexisting defect and the inspection report will be used heavily as the determining factor in determining what was a preexisting defect.
Within the seeds of ignorance lie the fruits of denial