H.E.L.P.

  HELP For Home Buyers

 

   Even though home prices have moderated, even though interest rates are at historic lows, even though there is an incredible selection of homes on the market, even though there is an $8,000 tax credit available for first time home buyers, homes sales remain sluggish.  What is keeping potential home buyers on the fence?  With HELP, you can buy confidently!

There is HELP.  Homeowner Education and Loan Protection.   Information below on the HELP Program is courtesy of Long & Foster REALTORS

H.E.L.P. JOB LOSS PROTECTION:

A BRAND-NEW ADDITION TO THE BUY CONFIDENT PLAN.

While Long & Foster believes this Program could be of significant benefit to many home buyers, each home buyer must thoroughly review the details of the Program to determine its benefits and their eligibility. This overview is not intended to be an exhaustive description.

In this uncertain market there are a variety of factors that go into the decision about whether now's the right time to buy.

The HELP program also includes Job Loss Protection, which can assist buyers with their mortgage payments each month, for up to $1,800 per month for up to 6 months, in the event of involuntary unemployment.

That's why the Buy Confident Plan through Long & Foster REALTORS now includes HELP (Homeowner Education and Loan Protection) from the Rainy Day Foundation. HELP offers six months of phone counseling and monthly educational e-newsletters.

It's available on select Long & Foster listings and paid for by the seller, and it's another reason to Buy Confident^TM.

It all adds up to less stress. And more confidence.

OVERVIEW

The Job Loss Protection Program will provide up to six months of mortgage payments if the borrower (or co-borrower) becomes involuntarily unemployed.

This program provides mortgage payment coverage for up to six months during the first 24 months of the loan.

 

Within 30 to 45 days after a buyer moves into a new home, a packet will arrive that explains the unemployment coverage and how to handle a claim in the event of an involuntary job loss.

• Up to six months of mortgage payments

• Coverage up to $1,800 per month

• Easy enrollment process

 

There are conditions and exemptions to this program so call me to discuss this opportunity to buy confidently through a Long & Foster agent.  The program is available to home sellers.  It is a program that the seller elects to participate in when they list with Long & Foster. The purchaser of a home offered with the HELP Job Loss Protection Program can feel secure in their decision to buy.  It is a great benefit to the purchaser if they involuntarily loose their employment.    Sellers, looking for a wonderful program to offer to potential buyers of your home??  This is it.

The Rainy Day Foundation is a non-profit organization that helps promote responsible homeownership with emphasis on protecting homeowners from the unexpected.  Click here for more information on the HELP Program .  Find out more about the Rainy Day Foundation.

 

For information on the $8,000 tax credit for first time home buyers, click here.

 

For all your Northern Neck of VA real estate needs, Call on

Yvonne Hurt, CRS, GRI, ABR           Long & Foster REALTORS   White Stone, VA                               

804-456-2144  or     Visit me on the web          email:  yvonne@NorthernNeckVA.com