MFI News
Product Offers Security for Home Sellers
October 19, 2009 by admin · Leave a Comment
When a customer buys a contract at equityprotection.com, the company takes a snapshot of the average home price in a customer’s ZIP code, as tracked by First American CoreLogic of Santa Ana, Calif., a consulting firm that compiles a local housing index.
Homeowners are essentially guaranteed that when they sell their home, they will not lose money because of a market downturn, even if the sale price falls below the home’s value at the start of the contract. Read more about Equity Protection…
