Prudential Georgia Realty has introduced the first Job Loss Protection program for real estate to metro Atlanta home buyers and sellers. The HELP Program (Homeowner Education and Loan Protection) is administered by the Rainy Day Foundation and includes up to 6 monthly payments of $1800 over a 24-month coverage period.  That translates to $10,800 of protection in the event of an involuntary job loss.  This program is only available from certified Prudential Georgia Realty agents.  Please view our video at GetJobLossProtection.com. 

“The unemployment rate in metro Atlanta is 10.7% and expected to remain in double digits for an extended period.   Everyone knows that it is a fabulous time to buy Atlanta real estate right now.  Prices are at or near bottom, mortgage rates are still historically low and the selection of properties is unprecedented.  The $8000 1^st Time Home Buyer Tax Credits requires that homes are closed before November 30^th and the State of Georgia $3600 Tax Credit requires that homes are closed before December 1^st.  However, many potential buyers are still waiting on the sidelines because they are afraid they may lose their job.  The HELP program featuring Job Loss Protection is specifically designed for these buyers.” said Prudential Georgia Realty President and CEO Dan Forsman. “The HELP program really provides two important components.  First, the peace of mind from Job Loss Protection will allow many buyers to realize the American dream of owning a home.  Second, the education and personalized counseling available during the first two years will greatly increase the odds of the buyer staying in their home.  Studies show that most loan defaults occur in the first two years.”

The Homeowner Education and Loan Performance program is administered by the Rainy Day Foundation and marketed by becoming part of the Creative Alliances, LLC group.  The HELP program featuring Job Loss Protection is available immediately through certified Prudential Georgia Realty agents.  Sellers may offer the program for their potential buyers.  Trendgraphix reports that 10% of the current homes on the market are selling each month.  That means 90% are not.  Job Loss Protection can help your homes stand out from the competition and give more buyers the confidence to purchase.  Buyers (represented by a certified Prudential agent), may also ask their sellers to include the program as part of their negotiations.  The HELP program costs $500 and may be funded by the seller at closing.  The program applies to primary residences, second homes and single family investments properties. 

Please see a “HELP certified” Prudential Georgia Realty agent for additional details to get started today!