Why ValueAssureHOME
ValueAssureHOME is a unique, patent-pending product that delivers protection during the 3 most vulnerable years of a mortgage term.
When a covered loss occurs we can even assist by paying certain closing costs.
Plans available for 3 year terms with up to $50,000 in GAP protection plus up to $10,000 for defined closing costs.
Why ValueAssureHOME
Protect Your Investment
No one buys a home expecting to have to sell soon after closing, however, the unexpected can and does happen. Situations such as job loss, divorce, or sickness can occur when it’s least expected and this can negatively affect the homeowner’s ability to repay their mortgage. To avoid falling behind, which can lead to default or foreclosure, the best option may be to sell the home.
If the homeowner needs to sell their home quickly, they might not have the time to wait to get higher offers. This may force them to accept an offer that’s less than what they owe on their mortgage balance…leaving them with negative equity or a “GAP”. This is why they need ValueAssureHOME.
An example of how ValueAssureHOME can help:
Price paid for home:
Down Payment:
Mortgage balance:
Offer to buy the home:
GAP without ValueAssureHOME:
ValueAssureHOME Payments:
GAP Protection:
Covered Closing Costs:
Total ValueAssureHOME Benefits:
$600,000
$18,000
$582,000
$542,000
-$40,000
0
$40,000
$10,000
$50,000
An example of how ValueAssureHOME can help:
Price paid for home:
Down Payment:
Mortgage balance:
Offer to buy the home:
GAP without ValueAssureHOME:
ValueAssureHOME Payments:
GAP Protection:
Covered Closing Costs:
Total ValueAssureHOME Benefits:
$600,000
$18,000
$582,000
$542,000
-$40,000
0
$40,000
$10,000
$50,000
Why ValueAssureHOME
Protect Your Investment
Events like job loss, divorce, sickness or job relocation can cause homeowners to unexpectedly sell soon after their closing.
The best option to avoid falling behind may involve a decision to sell the home quickly.
Rather than experience greater problems ValueAssureHOME can actually help the homeowner by selling more quickly.
ValueAssureHOME can assist the homeowner in covering some or all of the negative equity.
View the brief video about ValueAssureHOME above.
View the brief video about ValueAssureHOME above.
ValueAssureHOME is the only product that is GREAT for….
Homeowners
A proactive “First Line of Defense” against default that closes the GAP by up to $50,000.
Decreases or eliminates negative equity which lowers the risk of default.
Delivers protection to homeowners during the 3 most vulnerable years to default.
Helps homeowners sell sooner instead of waiting for higher offers. A faster sale decreases default risk.
Protects the homeowner’s credit.
Affordable peace of mind that costs around $5 monthly when rolled into the mortgage.
No default or foreclosure required for benefit.
Mortgage Lenders
Helps their borrowers.
Provides a “First Line of Defense” before PMI is needed.
Delivers protection to lenders during the 3 most vulnerable years to default.
Reduces loan losses and helps defray costly collection expenses from default.
Earn income on every ValueAssure contract sold.
Multiple options available to cover the cost of ValueAssure.
No insurance license required and is offered in all 50 States.
No selling required if the simple “best practices model” is followed.
Mortgage Insurance Companies
Improves loss ratios by decreasing defaults.
Helps the homeowner by decreasing or eliminating negative equity which mitigates risk and protects their credit rating.
Increases revenue and profit.
Differentiates MI provider from competitors.
Structured to deliver a simple process from sales to reporting to claims.
No exposure to “Reputational Risk.”
Insurance Agencies
Increase average income per transaction by 58% over a standalone homeowner’s policy.
Protects their clients from default.
Can be sold by any staff member. No license required. Offered in all 50 States.
Creates a competitive advantage over other insurance agencies.
Can increase the number of requests from lenders for homeowner’s policy quotes.
Real Estate Agencies
Valuable retention tool that creates future listing when the homeowner needs to sell.
Helps their clients by decreasing or eliminating negative equity which mitigates risk and protects their credit rating.
Helps homeowners sell sooner instead of waiting for higher offers. Earn commissions faster.
New source of income during a downturn in the market.
Increases revenue and profit on each transaction.
Affordable for the client…only around $5 per month when added to the loan.
No insurance license required and offered in all 50 States.
Differentiates the agency from competitors.
Title Companies
Income for Title Company on every contract sold.
Income for lender partner on every contract sold.
Available in all 50 States.
Great for homeowner clients of Title Agency.
No selling – just work with lender partner to follow recommended best practices.
Product differentiates the Title Agency from their competitors.
Program is designed with simple processes for sales, reporting, and claims.
Understanding Default and How to Prevent it
ValueAssureHOME - A Simple Solution to a Complicated Problem
Unexpected Changes
Events like loss of a job, divorce, or sickness can affect the homeowner’s ability to pay the mortgage, creating an urgent need to sell a recently purchased home.
The GAP
When the purchase offer is less than the mortgage balance, a “GAP” (negative equity) occurs.
Homeowner Options
To close the GAP without ValueAssureHOME, a homeowner must write a check. If they can't afford to close the GAP, they risk default, short sale, foreclosure, or bankruptcy. This results in losing their home and ruining their credit rating.
First 3 Years
14% of homeowners unexpectedly sell; higher LTV loans are 6 times more susceptible to default.
Negative Equity Increases Defaults
67% of mortgage defaults have negative equity.
Foreclosures are Increasing
>67k foreclosures in 1Q24.
A 2% YoY increase from 1Q23.
The Simple Solution is ValueAssureHOME
The only product that reduces or eliminates negative equity for a homeowner and helps to close the GAP by up to $50,000.
Eliminating negative equity lowers the risk of default and protects the homeowner, lender and mortgage insurance company.
Get Peace of Mind With ValueAssure
Why ValueAssure
Protect Your Investment
But if you need to sell your home quickly, you might not have the time to wait to get higher offers. And this may force you to accept an offer that’s less than what you owe on your mortgage balance…leaving you with negative equity or a “GAP”. This is why you need ValueAssure. ValueAssure can help close the GAP by up to $40,000 plus cover up to $10,000 in closing costs.
Here is an example of how ValueAssure can help:
Price paid for your home:
Offer to buy the home:
Mortgage balance:
GAP without ValueAssure:
ValueAssure Payments:
GAP Coverage:
Covered Closing Costs:
Total ValueAssure Benefits:
$600,000
$542,000
$582,000
$40,000
0
$40,000
$10,000
$50,000
Peace of Mind
Get Peace of Mind With ValueAssure
Think about it…Wouldn’t it be great if homeowners had the peace of mind that ValueAssureHOME can give them?
ValueAssureHOME is inexpensive and if the unexpected happens, the homeowner is protected.
Facts
ValueAssureHOME is a Simple and Inexpensive Way
to Protect the Investment in Your Home
Impact of a Quick Sale
You’re more likely to accept a lower offer if you need to sell quickly. Many times a new job offer comes with a relocation deadline.
Challenges of Selling Early
Many homeowners who needed to sell right away delayed the sale because the offer they received was less than the mortgage balance.
Limitations of Homeowner’s Insurance
Homeowner’s insurance covers repairs to your home in the event of a fire or other peril. However, homeowner’s insurance does not cover financial losses if you have to sell your home for less than what you owe on your mortgage.
Challenges of Selling Early
Many homeowners who needed to sell right away delayed the sale because the offer they received was less than the mortgage balance.
Impact of a Quick Sale
You’re more likely to accept a lower offer if you need to sell quickly. Many times a new job offer comes with a relocation deadline.
