This is a great question, and it would depend on the selling bank you are dealing with. I have represeted buyers in REO purchases recently and have found the banks willing to cover a basic home warranty plan from reputable company. Your agent does need to write that into the purchase offer. I would like to clarify that the bank is not extending a warranty on the property. They are simply purchasing a warranty service provided by a 3rd party company. This does not extend any liability regarding the condition of the property to the selling bank.

Be sure to read the policy guidelines from the chosen home warranty provider to be clear what level of coverage you are receiving. Have your agent help you understand them clearly.

I hope that helps clarify somewhat.
Best of luck!

Tara

Tara Steinke
San Diego Real Estate Professional
Residential Sales and Appraisal
619-384-6014
mysandiegoagent@gmail.com