Home Value Insurance -
Home value insurance is it right for you?
In 2008 we thought the party would never end, and the value of our homes would climb to the heavens. Then the recession hit and our investment lost its value and many of us lost our homes or were unable to sell them because we were upside down. So welcome to the world of Home value insurance.
It's an insurance policy that will pay you the difference if your home drops in value from when you bought it to when you sell it. Home value insurance has some fine print. The first two years are the hardest to recover losses and it uses a complex system to determine value of your home but as we have all been touched by crashing home prices the peace of mind this insurance offers may be just the extra comfort we need when we purchase our new dream home.
posted by Leigh Wilson @ 11:32 AM
3 comments
3 Comments:
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