Most Common Costs That Come As a Surprise to New Homeowners
Written By: HomeGuard HomeWarranty on April 25, 2023

affordable home warranty in Arizona

An Affordable Home Warranty in Arizona Can Save You Money

Buying a home comes with obvious up-front expenses, such as a down payment and closing costs. However, if you’re new to homeownership, there are many hidden expenses to be aware of, which this article covers.

Interior and Exterior Maintenance and Repairs

Once you purchase a home, you’ll be on the hook for the costs of maintenance and repairs to the interior and exterior. Those expenses will vary from home to home and from year to year, but one expert estimates that the average annual cost of maintenance is $3,000. However, the amount you put into keeping your home in good condition may spike if an urgent situation, like a heating system failure or burst pipe, arises.

Fortunately, there are ways to protect yourself, such as purchasing a home warranty that comprehensively covers elements of your home. As an example of this in action, consider an Arizona homeowner. Should their ceiling or attic fans fail, an Arizona home protection policy can help them restore service more quickly and cheaply. That can be a godsend in the state’s hot climate.

Kitchen Appliance Repairs

Renters are typically used to their landlord being responsible for keeping kitchen appliances in working order. That’s why when a new homeowner’s dishwasher, microwave, or oven breaks, the resulting bill can sometimes come as a surprise. Before you buy a home, get up to speed on the age of the appliances that come with it, so you’ll know which ones may be nearing the end of their useful life. And keep in mind that even a thorough home inspection before the purchase may miss internal damage to an appliance, meaning they may fail sooner than expected. Many home warranty programs offer appliance coverage, though, which can provide protection after you purchase the home.

Roof Work

Roofs are made of sturdy material, but they all wear out eventually. And events like damaging weather can accelerate a roof’s aging process without warning, so your new home may need roof repairs or a replacement sooner than you expect. You’ll want to research the challenges the climate will throw your new home and prepare accordingly. For instance, the best home protection plan in Arizona for you may be one that offers roof coverage, as the state’s heat can put wear and tear on roofs in a hurry.

Higher Utilities

Renters often have more manageable utility bills than homeowners. That’s because many landlords cover or partially cover tenants’ utility costs. Additionally, owing to apartments’ relatively small sizes, they often use less energy than homes. Those factors can lead to a price shock when new homeowners see their house’s first electric, gas, or water bill.

Find an Affordable Home Warranty in Arizona, Nevada, or California

Want to get ahead of unexpected expenses? For help selecting the an affordable home warranty in Arizona, Nevada, or California, contact HomeGuard HomeWarranty. The right policy can deliver a dose of peace of mind, knowing you have a safety net should unexpected expenses come up.

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