Down payment insurance seeks to ease housing bubble fears

CNBC

Home prices are heating up this spring, and buyers are skittish, still fearful that prices could cool just as easily.

After the worst housing crisis in history, can you blame them? That concern is precisely what one company is betting on. Dallas-based ValueInsured is offering a first-of-its kind product. Called +Plus, it’s a down payment protection plan — insurance for your home equity.

“Our product gives today’s homebuyers control, gives them flexibility in how they consume the real estate they want to own,” said Joseph Melendez, CEO of ValueInsured.

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April 18, 2016

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Down payment insurance seeks to ease housing bubble fears

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