Home Warranties: Do they Really Help Sell Homes?
A home warranty can be exactly what either the buyer or seller needs to get a deal done, but sometimes the absence of one could be overlooked. How do you know when a home warranty is in the cards? If it’s a new home, it’s essential. If it’s an older home with issues, it mightRead More
Louisiana New Home Warranty Act & the LREC Property Disclosure Form
This post is in response to the Louisiana New Home Warranty Act, La. R.S. 9:3141 et seq., and the mandatory Louisiana Real Estate Commission (LREC) property disclosure form. Case: Stutts v. Melton, 2013-0557 (La. 10/15/13), 130 So. 3d 808, 810, reh’g denied (Dec. 6, 2013). Facts: A builder/seller completed construction of the residence at issue inRead More
Important Home Warranty Information: Why Homeowners Need It
People insure many things that are important to them. For instance, most people insure their lives with Life Insurance, their cars with Car Insurance, and their health with Medical Insurance. Unfortunately, one item that is often overlooked but has equal importance is their home, especially what’s inside the home. Different from Homeowners Insurance, a Home Warranty PlanRead More