What, specifically, are the benefits associated with the buyers and mortgage protection plan?
on Tuesday, June 16th, 2009 at 2:24 pm by kristabOne of the buyer advantages that really gives the buyer greater confidence in purchasing that house is the Buyer Protection Program is tied to the mortgage payment and doesnt consider a sliding scale or a percent of income that is lost. That means if both borrowers are protected jointly and one borrower becomes involuntarily unemployed. Then the other income is not even considered, it simply cancels the mortgage payment for that month. The program also applies if either person experiences an illness, disability, hospitalization for more than 2 days and loss of life. So it would even be an insurance policy for the loss of life of one of the borrowers. It can be up to 24 months of coverage so it can cover multiple losses if someone has to move jobs during that period of time and can easily be identified through any home that is on the market for sale as long as you use Suzie Wright and Bank of America. For more information call Rinehart Realty or visit rinehartrealty.com.
July 27th, 2009 at 7:22 am
[...] kristab wrote an interesting post today onReal Estate Trends Blog | Rock Hill, Fort Mill, Lake Wylie, SC <b>…</b>Here’s a quick excerpt [...]