New Home Price Protection for Buyers

EquityLock Solutions recently finalized agreements with RE/MAX International, Keller Williams Realty, Prudential Real Estate and Stonecrest Homes Atlanta to offer Home Price Protection to home buyers and sellers.

The Home Price Protection plan offers homeowners the opportunity to protect their greatest asset, the equity in their home, from future drops in market value. It is a real estate market protection contract that gives homeowners a financial return if the local House Price Index, as reported by the Federal Housing Finance Agency, is lower at the time of sale than when the contract is made.

If eligible, contract holders receive a payout from EquityLock Solutions. The payout is equal to the percentage of the local House Price Index decline multiplied by the value of the home when the Home Price Protection contract was secured.

“We designed Home Price Protection to help boost confidence among homebuyers, providing peace of mind that the value of their investment won’t decline as a result of factors out of their control like the strength of real estate in their area,” said EquityLock Solutions CEO and co-founder T.J. Agresti.

Home Price Protection is available to home buyers who are in the process of purchasing homes from the three named brokerages and Stonecrest Homes, as well as homeowners who already own Stonecrest houses.