There are at least 3 Metro Atlanta area Home Builders that are offering some form of protection if a home buyer were to lose their job.
Bowen Family Homes offers a Safety Net. If the Home Buyer were to lose their job involuntarily, the Bowen Safety net will pay their mortgage of up to $2,000 a month for up to 8 months. Ryland Homes is offering their own Mortgage Protection plan and so is Atreus Homes.
Several Home Buyers have told me they want to wait to buy a home in case they lose their job. These innovative Home Builders are overcoming that objection. Interest rates are at historic lows. Home Builders are offering great deals and some are offering mortgage protection. It really is a great time to buy!
If you are thinking of buying a new construction home, a resale or selling a home, contact local expert and Realtor Jen Bowman with Success Realty. 404-456-5024
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Jen I have not heard of that being done around here, but I think it is a great idea, and it could be just what is need to motivated buyers to buy now and not later.
Sounds like a great program to me Jen. Any relation with Bowman home?
very cool post Jen and what a great program to tell your buyers about
George, I am hoping it motivates buyers soon! I'm sure the low rates are keeping you busy.
Bill, no relation, it's Bowen Homes. People have asked me that before.
Randall, Thanks. I wonder if the builders in other areas are doing that too. It might be worth a google search.
Thank you all for your comments.