Dawn Barrier REALTOR®, 's Blog,LAS VEGAS BLOG

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Equity Loss Insurance for Las Vegas Home Purchase -Market declines your covered?

Equity Lock says they provide homeowners peace of mind that in a declining real estate market their home equity will be protected by providing a Home price protection warranty on your home. 

They say this will cover short sales as well, but not a foreclosure, but you do have to be in the home for at least 2 years after purchasing a contract.

What a concept!  Too late for many Las Vegas homeowners.

Their website says:

You purchase an EquityLock Home Price ProtectionTM contract that refers to a local index of housing values. If the index has dropped by the time you sell the house, we pay you the percentage of the index drop multiplied by the value of your home at the time you bought the Home Price ProtectionTM contract.

The transaction is structured as a contract, and not as an insurance policy; therefore the payment is made if the market index falls, regardless of whether you sell the home for more or less than you paid for it.Equity Lock

 

Check out the CNBC video below 

 

Las Vegas Short Sale Agent Realtor® Dawn Barrier*Short Sale Help*Las Vegas

Summerlin Short Sale Agent, North Las Vegas, NV short sale agent

More about me... Dawn Barrier @ Century 21 Realtor®

Las Vegas Real Estate

If would like to sell or purchase a Las Vegas home , North Las Vegas home or a Henderson home give me a call (702) 812-4550.

Dawn Barrier SHORT SALE SPECIALIST,CSP® Las Vegas Short Sale Realtor®

Free Short Sale Help

 

Dawn Barrier at HOMESMART ENCORE Las Vegas, Nevada   

 

(702) 812-4550 

 

Las Vegas, Nevada   

January 2020

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Any Stats are on Resale Single Family homes only per the GLVAR MLS as of this writing or as noted,covers the Las Vegas Valley, North Las Vegas, Henderson area or as noted.

All photography on this site are the property of Dawn Barrer unless otherwise noted and are

protected by U.S. Copyright laws and are not allowed to be downloaded or reproduced in any

way without written permission of Dawn Barrier.If you would like permission to use a photo

please email Dawn     Important Notice -This is a personal blog.

 

HOMESMART ENCORE Las Vegas Dawn Barrier

(702) 812-4550

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