- Where Grant Davis Should Be Announcing "Price Protection Plus"
What is Price Protection Plus?
Price Protection Plus provides coverage against the loss in market value of your new home for up to 20% of the home’s value (based on the sale price to the home buyer at time of home purchase).
In Short 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. There are some limits. 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.
3. The decline in the Case Shiller Index for your area.
What is the Plus, in Price Protection Plus? As we thought of the risk a family faces buying a new home, we realized it is a great idea to make sure the value of the home isn't lost, but what if someone loses their job? Then what? We added the Plus! After 6 months if you lose your job we will pay $1,500 a month for up to 6 months to help you keep your home. This is in addition to any unemployment you may receive.
With a strong focus on the family that is buying a new home, in Oct of 2007 Grant Davis GDI Insurance began to put together a program to protect families from the potential losses they might face in todays new economy. It has taken some tim e to arrange for a product to be backed by an A rated Insurance Company! But we spent the time and money to develop our product and to get an A rated insurance company to back it.
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. Losing your job for most Americans amounts to financial disaster!
It is my sincere hope that this new product will help families to feel confident once again to buy new homes, and help home builders build with confidence, and sell with confidence.
Grant W Davis, President GDI Insurance.
GDI has made today the best time to buy a new home in the past 20 years!
Here is a brief video overview of the program:
” Price Protection 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.