Thread: Home Owners step in....

Well, personally, I rank those things up there with the extended warranties you buy with electronics and such, nothing but junk. Id be sure to read the fine print, limitations, exclusions and all that.

I would have normally recommended working out something with the seller to either have the stuff inspected or replaced as a condition of purchase, but it sounds like you already bought the house. I would think it would be better to have a professional come out and check the system out and have a really good inspection done and have them tell you what shape the system is in and whether or not they think it may be on the way out or in good shape.

If they indicate its at the end of its life, it may be worthwhile to get one. But again I would pay particular attention to the fine print, any exceptions and exclusions and what if any deductible there is.

you should have made the seller pay for a year of one before you closed. a lot of them around here are including them in the sale.

Its not worth getting, 2 people at my work got screwed over with there. One guy had his AC system go out in the middle of summer, they wouldn't come out until 30 days. So he paid and fixed it and sent them the bill, they told him to screw himself since he didn't use there people. The other guy had some plumbing issue, i forget the whole story but it took them forever to come fix it and even then they half assed it and he ended up having to hire someone else to fix it right.

After hearing those stories when I bought my house I opted for no warranty and I figured i'd handle it all myself. And besides, it a newer house (built in 2003) so no major problems SHOULDN'T occur anytime soon. I've had good luck so far...

if it is already gone after the year it seems like a waste to me unless youre pretty sure the stuff WILL break. then it makes sense to get it. otherwise i would just save up and replace it before it breaks.