New Program may Help put your Home on the Top of a Buyer's List

We have some good news for you. With the challenges of the economy, we have created a program that will both provide a benefit to home buyers and also attract more of those buyers to your home. It is called the Home Mortgage Protection Program (HMPP) and it offers the buyers of your home peace of mind should they lose their job after purchasing your home.

 The program is provided through the Rainy Day Foundation, which is a non-profit mortgage/personal finance counseling service. Their mission is to help homeowners who are having trouble with their mortgage payments under their Homeowners Education and Loan Protection (HELP) program. Within HELP they offer a Home Mortgage Protection Program, giving a home buyer some protection from job loss by paying up to six months of their mortgage payments if they lose their job within two years after closing.

 There are only a few brokers across the country offering a program like this so it will make your home standout among the competition. The details of the HMPP are included in the attached documents. Our mortgage company, John Adams Mortgage, is coordinating the program with The Rainy Day Foundation and our loan officers will be happy to explain the program and answer all of your questions.

The program costs $550 and is paid by you from your sale proceeds, so there is no upfront money to get started. The basic rules are that the buyer can not pay for the program and it must be offered to all buyers (i.e. it can't be added to the purchase agreement after negotiations or at the request of the buyer). John Adams Mortgage is the only authorized lender for the program so the buyer must also place their mortgage through John Adams. In some cases the buyer may choose to trade out the HMPP program for another seller concession, in which case there will be no charge to you for the HMPP.

Contact us if you would like further information about this program.

If your home is currently listed with another broker disregard this as it is not our intent to solicit the offerings of another broker.

Kay Pearson and Robin Cutler
31 S. Main Street
Clarkston, Michigan 48346
248-860-0366
kaypearson@maxbroock.com
www.KayPearson.com