HMS 1 Year Home Appliance Warranty

HMS

Cost - $519* for Condo / Townhomes
$549* for Single Family Residences

Home Warranty Benefits

  • The warranty covers YOU, The Seller, during the listing period. Then transfers to the Buyer for 1 full year upon closing.

  • There is no payment due now. Payment is due only at closing. If your property does not close and the warranty was not used, no payment will be due.

  • At closing the warranty will convert to the buyer and covers them for 1 full year from the date of closing. The plan is then renewable by the buyer for subsequent years.

  • On average, homes with a home warranty increase sales prices by up to 3% by making them safer investments for buyers. (Source: Business Week)

  • Minimize the chance that a system, component or appliance failure could delay closing.  

  • Covered repairs are guaranteed for 180 days (6 months) by HMS.

  • Buyers may ask you for this warranty as part of contract negotiations (most buyers agents will advise them to do so)  By choosing the warranty now you will also benefit because you are covered during the listing period! 

How the Warranty Works

  • There is a $100 deductible for each occurrence. Additional charges may apply to certain repairs or replacements.

  • You call an 800 number 24/7 when having a problem and they send a repairman. 

  • There is no home inspection prior to issuing the warranty. 

  • If your listing expires or is withdrawn, with no claims, no payment is required.

  • Coverage usually begins the day you are listed in the MLS.

  • Your MLS listing will state that a 1 year warranty conveys to the purchaser at closing.

Peace Of Mind Coverage - This Warranty Covers:

HMS

COVERED ITEMS & CONDITIONS SELLER BUYER
Central Heating – Unlimited Units
Central A/C - Unlimited Units
SELLER
HEAT & A/C + $50
YES
Electrical
YES YES
Plumbing
YES YES
Plumbing Stoppages (up to 125’)
YES YES
Hot Water Heater
YES YES
Attic Exhaust/Whole House Fan
YES YES
Ceiling Fan
YES YES
Central Vacuum System
YES YES
Clothes Washer
YES YES
Clothes Dryer
YES YES
Dishwasher, Built-in
YES YES
Door Bell Chimes
YES YES
Refrigerator and Built-in Icemaker
YES YES
Garage Door Opener
YES YES
Garbage Disposal
YES YES
Jetted Bathtub
YES YES
Microwave Oven, Built-in
YES YES
Oven/Range/Cooktop
YES YES
Range Exhaust
YES YES
Sump Pump
YES YES
Trash Compactor, Built-in
YES YES
Locksmith Service
YES YES
Appliance Buyline program
YES YES
Emergency Lodging Reimbursement*
- YES

 View a Sample HMS Warranty Agreement Here

The above provides only a brief description of coverage. The information contained herein is deemed reliable but is not guaranteed. Upon purchase of the warranty you will be mailed a contract which includes the full and complete terms and conditions of the plan. As long as the warranty has not been used you may cancel at any time and no payment will be required. *Sales tax may apply depending on your local jurisdiction.