Personal » Borrowing » Financial Education » Mortgages

Home Warranty Benefits Both Buyers and Sellers

With a major investment like your home, you want to leave little to chance. If you’re buying a previously owned home, you’ll want to be sure that the appliances, heating system and cooling system are in good operating order.

A warranted home protects the buyer in the event of a failure of appliances/HVAC systems during a specified time period. In the event of a malfunction during the warranty period, a qualified service contractor will repair or replace the items under warranty.

The buyer and/or the seller may be able to purchase home warranty coverage under certain circumstances.

Buyer’s Benefit Seller’s Benefit
  • Peace of mind
  • Budget protection
  • Convenience
  • A potentially faster sale
  • A sale closer to the asking price


Items Normally Covered by a Home Warranty:
Household Item Covered for Buyer Covered for Seller
Heating System X  
Ductwork X  
Plumbing System X X
Electrical System X X
Water Heater X X
Dishwasher X X
Garbage Disposal X X
Built-in Microwave X X
Range/Oven/Cooktop X X
Trash Compactor X X
Well Pump X X
Air Conditioning X*  
Washer/Dryer/Refrigerator X*  
Pool/Spa Equipment X*  


Home warranty coverage has specific terms and conditions. Ask your real estate agent for details.

Try our mortgage calculators.

Need Help?

Need Help?

Contact Us Today:
Dollar Bank representatives are available Monday - Friday from 8:00 AM to 8:00 PM and Saturday from 9:00 AM to 3:00 PM.

E-mail Us »

Schedule a Branch Appointment »