I’m in the middle of purchasing my first home. Fell in love with the house, was praying they would go down on the listing price but they would only give me 10k towards seller concessions and I went ahead and agreed based on my inspection. I found out on the inspection the furnace is around 45 years old but still works and the ac unit he’s unsure if it’s working properly because he set the temp down to 64 and it barely read to 70. the inspector is recommending to have it serviced due to that and being old at around 15 years but to be sure it’s working properly. I have children and I’m pregnant with another baby so those things I know are costly repairs.
My realtor mentioned either walking away to other house or she also mentioned home warranties. Didn’t even know about that.
Is this worth getting ? And if so, how does this work in terms of having them replace it? I’m sure all policies are different. Anyone recommend a good warranty business? Or can offer any advice?
Thank you.
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source https://www.reddit.com/r/RealEstate/comments/1khkmg7/furnace_and_ac_unit_very_oldhome_warranty_worth/
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