"Alexander SuperTramp" wrote in message
...
I know THAT is a loaded question...my mortgage lender( countrywide) just
sent us an offer for a home warranty , $ 24 /month or 37/month to include
heat/ac unit and it just got me thinking ...do any of these companies have
a better reputation than others? Are there any I should just plain stay
away from?
( we are considering another home for the in-laws wherein a warranty will
be part of the deal).
Thanks!


As others have mentioned , the warranty is almost useless. Also most of
the real estate agents get a fee from the warranty companies for the ones
they help sell.
That is why the agent will push for a warranty.

The one I read over about 4 years ago when I bought a house seemed to be
almost useless. The same with a a car warrenty, if they were not making
money out of them , they would not be offered.

I would recommend a good home inspection. Then factor in the age of things
in the house such as a well pump, roof, heating/cooling system.

I knew the house I bought was about 20 years old, needed a roof soon (it had
been replaced a few years before) would probably need a new heat pump (which
it did 2 years later) and a few other things. I made an offer based on
that. I did have to put in a new heatpump after 2 years. It let me go with
a much higher efficency one of my choosing. It would have been out of the
warrenty time anyway.