Home Value Plus Program

Home Value Plus

Exclusively From GDI Insurance Agency

This product is designed to transfer the risk that your home may drop in value after you purchase it, to a third part.  That wito insure a lot of homes in various states across the country. This way if one area has an issue, the others wont. We just saw this over the last few years from 2007 thru 2010 home values dropped by as much as 2/3rds or more. Next a good look back at historical math such as the Case Shiller data to determine the likely hood of loss. Followed by a go forward model. Finally we have to have someone to take the risk. Once that all happens we need to then assure that the company that takes the risk of your home dropping in value has the ability to pay you for that loss, and we have to make sure should home prices drop as they have recently done that this company can pay all the potential claims.

This is accomplished by having a highly rated insurance company step in and insure the company that takes the risk for you promise. So while this is not an insurance policy, this is an agreement from a company that has bought insurance to make sure they can cover all potential claims. If you take a quick look at this page Credit Enhancement Bonding and Insurance. You can see how a version of this concept works to help the largest developments in our country.

Home Price Protection provides coverage against the loss in market value of the insured home for up to 20% of the home’s value (based on the sale price to the home buyer at time of home purchase). If you sell your home after 3 years and before the 8th year for less than you paid for it you can be reimbursed up to 20% of the price you paid for your home. Your reimbursement is limited to:

  1. 20% of the original purchase price,
  2. Your actual loss after you sell your home between years 3 and 8. and
  3. The decline in the Case Shiller Index for your area.

Home Value Plus, accomplishes multiple objectives for multiple parties in the home sale transaction.

For the Buyer – Price Protection provides assurance and peace of mind that if the value of the home decreases they can be made whole. Which is a considerable assurance for the buyer since the home is typically the largest single investment made by most Americans.

For the Builder – Price Protection provides additional assurance to the home buyer to ease the transaction along and to provide an advantage over other builders not providing Price Drop Protection·

For the Lender – Similar to the builder, the Lender is provided with a way to ease the transaction along and help induce the sale.

The Plus: For Everyone – Covers the home buyer from month 7 to month 36 of home ownership should they lose their job, the plus will pay up to $1,500 per month for up to 6 month to help home buyers keep their new homes!

That is why GDI has been working since Oct of 2007 to arrange for a product backed by an A rated Insurance Company!

I believe the reason people have stopped buying homes is that they are afraid that the market value of their home will drop after they buy it, or today even that they may lose their job, and then lose the deposit paid to buy their new home. Losing your job for most Americans amounts to financial disaster!

Over the past 4.5 years I have been working hard to develop a program to help builders sell homes.

There are two primary reasons still today that home buyers are reluctant to buy a home:

  1. Fear that once they buy a home, the value of their home could still drop in value.
  2. Fear that they might lose their job and not be able to keep their home.

The key is that our product is backed by an A rated American based insurance company. While this seems like a simple common sense point, we are the only ones that spent the time and money to make sure the home buyer was properly protected.

In Short:

  1. During the first 3 years if the home buyer loses their job we will pay $1,500 per month for up to 6 months.
  2. During year 3-8 if the home buyer sells their home for a loss, we will cover up to 20% of the value of the home.
    1. Example: Pay $300,000 for a home, and sell it after 3 years for $240,000. You have lost $60,000 (20% of the home value). We make home buyer whole.

Grant W Davis, GDI Insurance.

GDI has made today the best time to buy a new home in the past 20 years!

”Home Value Plus and the involuntary unemployment program are provided to you by GDI Insurance Agency and administered by cynoSure Financial, Inc. The obligations of cynoSure Financial, Inc. are backed by an insurance company rated “A” by A. M. Best. The IUP is not available in New York, Texas or Oregon. Please refer to Terms and Conditions of each product for more details.”

Please contact us for full disclosure of all terms and conditions of our program.