Buying a home is never easy, but now the hard part is done: You’ve found your dream home, signed on the dotted lines, and have either moved in or are in the process of moving into your new home. Now, after shelling out all that cash for a down payment and other moving expenses, you may be wary about spending more money.
We get it. Buying a house can be stressful, especially if you’re a first-time buyer, and is a huge investment. But consider buying a home warranty after closing to save money as a new homeowner.
Wondering when to buy a home warranty? You can buy one at any time, but just remember that it’s better to have a budget protection plan in place sooner rather than later. A home warranty actually helps you save money on inevitable repairs to those new (or old) home systems and appliances.
So if you didn’t secure a home warranty when buying a house, you should get one now that you’re a homeowner. Here’s what to consider when purchasing one after closing and what your options are…