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Answers (1)
- Michael Emery, "MikeEmery"
- Contributions:7298
My broker sells warranties from a company called HSA Home Warranty. They do sell warranties in your state. You might be able to get the seller to pay the warranty as part of your negotiations. Your real estate agent's broker will probably be affiliated with a warranty company. But as always, it's best to shop around.
My concern with a 23 year old water heater is that it may not have a pressure relief valve as they weren't necessarily code mandated that many years ago. Failure to have a pressure relief valve could cause a malfunctioning water heater to take off like a rocket, potentially pushing the home off the foundation and putting a gaping hole in your roof (It HAS happened). If it doesn't have a pressure relief valve (your inspector would know what it is) I would urge you to replace the water heater soon after taking possession.
The great thing about 50 year old boilers is they're often cast iron so that part of the boiler is nearly indestructible. It's other parts that become problematic. And according to HSA, the number one call they get for warranty repair is plumbing related.
FYI I am not compensated in any way for the endorsement of HSA.
My concern with a 23 year old water heater is that it may not have a pressure relief valve as they weren't necessarily code mandated that many years ago. Failure to have a pressure relief valve could cause a malfunctioning water heater to take off like a rocket, potentially pushing the home off the foundation and putting a gaping hole in your roof (It HAS happened). If it doesn't have a pressure relief valve (your inspector would know what it is) I would urge you to replace the water heater soon after taking possession.
The great thing about 50 year old boilers is they're often cast iron so that part of the boiler is nearly indestructible. It's other parts that become problematic. And according to HSA, the number one call they get for warranty repair is plumbing related.
FYI I am not compensated in any way for the endorsement of HSA.
Which home warranty companies are worth going with?
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