INSURANCE AGAINST FALLING VALUES FOR HOMES? A CURE FOR "SKITTISH" BUYERS?

By
Real Estate Agent with Bradenton-Homes, Experts - Keller Williams Realty

home value insuranceThe chairman of MOVE, INC. (Realtor.com),Joe Hanauer, has been lobbying in Washington with a proposal that poses a solution to the question: 

If home buyers had insurance to protect them from falling home values woud it give the needed "boost" to home sales that is needed to breathe new life into our failing economy? 

He’s suggesting that the US government offer the insurance as a supplement to the "housing bailout."

WHAT DO YOU THINK OF THIS IDEA... DOES THE COST JUSTIFY THE BENEFITS... and how effective do you think it would be?

Follow the link to read the details of Joe's proposal.

......MORE HERE!

 

 

 

 

 

bradenton realtor

Posted by

 

 

 

 

     

                              real estate, market, report, news, data, information, statistics   

               www.Bradenton-Florida-RealEstate.com

                       

 EMAIL US!

    CONTACT THE SERENA GROUPsearch bradenton, sarasota, palmetto, parrish, homes 

 

 

 

 

YOUR - BRADENTON, SARASOTA, MANATEE COUNTY, EAST MANATEE COUNTY, AND SARASOTA COUNTY -

  • FORECLOSURE HOMES & SHORT SALE PROFESSIONALS
  • NEW CONSTRUCTION, NEW HOME- EXPERTS
  • GOLF COURSE- HOMES, PROPERTY, SPECIALISTS
  • HERITAGE HARBOUR HOMES, REAL ESTATE, EXPERTS
  • RESIDENTIAL REAL ESTATE CONSULTANTS, MARKETING PROFESSIONALS

    serena group on facebook      serena group on linkedin     serena group on twitter                                                             

bradenton, real estate, realtor, realtors, agents, agent

bradenton, sarasota, realtor, realtors, real estate, agent, agents

 

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Home Buying
Location:
Florida Manatee County Bradenton
Groups:
Realtors®
The Lounge at Active Rain
Almost Anything Goes
Dedicated Bloggers
Club Chaos
Tags:
home values
real estate news
home buyer information
economy
home buying
real estate opinions
real estate
insurance for home values

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Ambassador
585,555
C Tann-Starr
Tann Starr & Associates, Inc. - Palm Bay, FL

It would be cost prohibitive in the long run and I am amazed that someone would place something so speculative and subjective on the table. Can you imagine the fancy math that will keep the insurance companies from making payments on loss of equity housing claims?

How about declining neighborhood factors? If a zip-code is already in decline, would it be fraud to take insurance out on something already in progress to seek a payday?

Remember pre-existing medical conditions always equate to more expensive policies or no coverage. What are they going to do with pre-existing declining neighborhoods? This is a nightmare on elm street housing move.

Jun 28, 2009 02:25 AM #1
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
124,629

Bradenton, Sarasota, Real Estate ~ The Serena Group

Selling Real Life Dreams in Paradise!
Ask me a question
*
*
*
*
Spam prevention

Additional Information