Home Buying in 08401>Question Details

Sheldon Grace, Real Estate Pro in Egg Harbor Township,...

If the purchase contract states that the seller is paying for the hazard report and a buyer's home warranty, who is responsible actually ordering them

Asked by Sheldon Grace, Egg Harbor Township, NJ Thu Jun 20, 2013

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Linda Magarick’s answer
There are many variables in home warranties. Depending upon how the agreement of sale is written if you are the buyer or buyer's agent it would be better if the buyer obtained it and seller paid. In that case you would need to check if there is a cap on the premium. Our company offers free coverage to the seller while listed and only pays when sale closes and transfers it to the buyer. The premium depends on what is covered. To learn more call me at 609-226-3775
0 votes Thank Flag Link Thu Jun 20, 2013
i am not sure what you mean by "hazard report" . The buyer's home warranty is usually ordered by the Seller. Feel free to give me a call if you have any other questions.
0 votes Thank Flag Link Thu Jun 20, 2013
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