What is a Homeowner's Warranty?

Besides having a home inspector's report and title insurance, you can further protect yourself with a homeowner's warranty. This warranty will cover any repairs to the structure, systems and some appliances for a certain time. A homeowner's warranty is useful when buying an older home or one that has been vacant for a long time. The seller may offer the warranty with the sale. If not, you can buy a warranty yourself. Your real estate agent or loan officer should be able to provide a recommendation based on your needs.