Who Pays For Home Warranty Buyer Or Seller at Buying

Who Pays For Home Warranty Buyer Or Seller. The quick answer is it depends. Whether the seller pays for the home protection plan or the buyer pays will depend on your local customs.

Quite often, it is up to the buyer purchasing the property who pays for the plan. First, a home warranty is not guaranteed. Sellers should be aware that a home warranty can also be very beneficial to them as well.

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Everything should be clarified before sealing the deal. In the case of the home buyer’s title insurance policy, it’s customary for the seller to pay the costs of the policy issued to the new homeowner.mortgage lenders also require a title insurance policy. A home warranty is not required at closing, but there are a few reasons why having one may benefit all parties involved. This will depend on the situation, though the buyer and the seller may both have good reasons why they would be willing to pay for this service contract.