Realty Times: Home Warranties Useful for Some, Not All

Home warranties for resale homes are on the rise as the housing market recovers and more homes hit the market for sale.

So says the Service Contract Industry Council (SCIC), a trade group comprised of most of the nation’s home warranty purveyors.

“Securing your home with an extended warranty is a great way to set yourself apart from other sellers,” said Tim Meenan, SCIC’s executive director.

“Buyers seek out homes that are covered by an extended warranty because it can potentially save them thousands of dollars in post-sale home repairs.”