Prudential is Here to HELP

Prudential Georgia Real Estate is now offering a revolutionary program called Homeowner Education and Loan Protection (HELP) designed to offset fear of buying in this economy and market.  Many people who might consider buying a house right now are putting off that decision becasue of uncertainty about the economy and their job.  Car companies have been offering Payment Protection programs for this very reason, now Prudential is taking that idea to the Real Estate market.

With unemployment hovering around 10%, this is offsetting the effect of the Federal $8000 tax credit, Georgia’s $1800 tax credit, and the indredible buyer’s market we are experiencing.  Even with these incredible numbers, people are hesitating because they are understandably worried about the safety of their job.  This program will help alleviate the hesitation.

The HELP program is administered by the Rainy Day Foundation and available now from certified Prudential Realtors.  It combines the Payment Protection program with an Education program to help the buyer during the first two years, with the goal of helping the buyer stay in the home.  The program costs $500 and is funded by the Seller at closing.

With this program, if the buyer loses his job within 24 months of purchasing the house, the program will pay up to $1,800 per month for up to six months.  Buyers may negotiate it into the purchase contract, or sellers may offer it in order to make their properties stand out and be more attractive to buyers.

Click on http://vidego.multicastmedia.com/player.php?p=44059 to view a video explaining the program.