California Association of REALTORS(R) Introduced Home Payment Protection Program

 

The California Association of REALTORS® has introduced its CAR.org Home Payment Protection Program and encourages sellers to sign up for this as a benefit to offer for prospective buyers.

This Home Payment Protection Program (HPPP) is similar to the successful C.A.R.H.A.F. Mortgage Protection Program that pays a home buyer's mortgage if he or she is laid off from employment.  

The new program covers both first-time and repeat buyers for 12 months from escrow closing and would provide up to six mortgage payments of up to $1,000 or $1,500, depending on the coverage level the seller chooses.  A seller can choose to pay $200 for six mortgage payments up to $1,000 or $275 for six mortgage payments up to $1,500.

Benefits of this new CAR.org Home Payment Protection Program:

• Help for buyers and sellers 
• Sellers would be able to offer this as an added incentive to buyers
• Help prospective buyers who are uncertain about their employment situation
• Added layer of security on house payments for buyers during first year
• Help sellers move property more quickly

For information about the CAR.org Home Payment Protection Program (HPPP) - click here - check out the web site and contact C.A.R.H.A.F. Mortgage Protection Program representatives.

_________________________________________________________________________

Harrison K. Long - Business Solutions and Advisory - REALTOR® and broker associate, Coldwell Banker Residential Brokerage - Phone: 949-854-7747  -  CA DRE 01410855

@ www.OCPropertyNews.com  -  www.LiveAtNewportBeach.com - www.CostaMesaLive.com  -  www.Irvine-homevalues.com  -  www.NewportCoastLive.com   -  www.CoastLivinghomes.com  -  www.OCHomeValueGuide.com -  www.LiveAtIrvine.com  -  www.ExploreOCHomes.com  -  www.LiveAtLagunaBeach.com - www.LiveAtOrangeCounty.com -  www.LiveCoronadelMar.com - www.IrvineBestValues.com

"Helping People, Moving Forward, Developing Relationships and Protecting Property Values"  -  We list and sell homes and properties at Orange County, California, and thanks for contacting us with your ideas and questions. 

Posted via email from Explore OC Homes