[Gina]

I am a realtor and Janet what she is refering to is called a Home Protection Plan, it is offered through my company, and I guess every state or company has their own package. With my company if the seller buys this protection to offer it to their buyers it is a nice feature. The costs of this varies, for a basic plan they charge a little over $400 and is paid at closing by the seller. This covers all major applicances , furnace, a.c. unit etc. If the applicance or furnace cannot be replaced they change it free of charge. If you want to broaden the selection you pay more. This plan is what the sellers usually buy, and its a plus for it covers the sellers until they close,meaning if anything breaks or needs repairing they will come out, and the buyers get it at closing for a year from date. The buyers do have to pay a service fee of about $50.00 when they call someone in. If the sellers don't offer it, we ask if the buyers would like this plan. I personally don't push it, it has its ups and downs. But I have to offer it and they can waiver it.

As far as new construction out here, the builder usually gives a 10 yrs. guarantee on furnace..etc. appliances come with the standard year guarantee. I hope this helped you understand the process ...