What is one benefit of a home warranty for homeowners?

A home warranty provides homeowners with peace of mind regarding major repairs. This benefit is significant because homeownership often comes with unexpected maintenance issues and repair costs that can be stressful and financially burdensome. A home warranty typically covers the repair or replacement of major systems and appliances, such as heating and cooling systems, plumbing, and electrical systems, which allows homeowners to be more confident in their investment. Knowing that these potentially costly repairs are covered reduces anxiety and allows homeowners to budget more effectively for other expenses.

In contrast, full ownership of the property pertains to legal rights and does not address repair concerns. Guaranteeing a profit from the sale is unrealistic, as property values can fluctuate based on market conditions. While a home warranty may enhance buyer interest during a sale, it doesn't necessarily increase property value directly.