The Home Value Protection insurance policy – the only one in the United States offering homeowners protection from the catastrophic effects of withered home prices – has now become available to homeowners in Oklahoma. Homeowners who are covered by this policy will have a greater amount of protection for their investments, which is typically the largest they will hold in their lifetimes, as the prices of their homes continue to plummet. Oklahoma is the second state in the country that will have this unique form of insurance policy available to…
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Irish Financial Services Group offers price drop protection product to homeowners
In the hope to help revive the struggling real estate market, Irish Financial Services Group (IFG) is preparing to offer home buyers the opportunity to purchase insurance against a price drop in the future from the price that they have paid. Home prices have continued to fall for 42 consecutive months since the bottom fell out of the property market after years of careless lending. Since the peak in 2007, the prices have fallen by 43 percent. The offer from IFG would allow house sellers to place up to 20…
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