Home Value Lock Insurance Now Available to Century 21’s Select Real Estate Clients

Sacramento-area homebuyers can access market value insurance

Home Value Lock, a market value insurance product for homebuyers, is now available through Century 21’s Select Real Estate. The Sacramento-area real estate group announced today that it will provide clients the option to benefit from market value protection for their new home at no additional cost.

“We want to offer our homebuyers additional confidence in market values through this coverage,” said Select Group CEO Dan Jacuzzi. “Providing a product like this further demonstrates the meaningful benefit of working with Century 21 Select Real Estate professionals when you purchase a home.”

Home Value Lock Insurance, which was launched earlier this year in Northern California, protects the first 10% of the purchase price of a home against a scenario where the market value has gone down when it gets resold. The product, which is fully licensed and regulated in the state of California, is a revolutionary product and the first of its kind to hit the marketplace.

“Homebuyers deserve some protection against unexpected housing market drops like what we saw during the 2008 Financial Crisis,” said Evan Weston, Director of Sales for OMT Insurance Services, which distributes Home Value Lock. “Outside of massive recessions, localized events like wildfires can have an impact on prices. Our coverage is designed to give the homebuyer some peace of mind, particularly in the first few years of homeownership, that the market value of their home is protected.”

Home Value Lock will be offered to Century 21 Select Real Estate’s homebuyers as a closing gift for those who have used a mortgage to finance their purchase. Availability will be across the greater Sacramento area but subject to the terms of coverage.

About Home Value Lock

Home Value Lock is distributed by OMT Insurance Services, a licensed surplus lines insurance broker in the state of California. Homebuyers and professionals working in the real estate and mortgage sectors should visit www.homevaluelock.com for further information.

About Select Group Real Estate Services

Select Group Real Estate Services began in 1980 when Daniel Jacuzzi purchased his first office in Marysville, California. Today, the organization is home to nine companies with over 1,700 agents in 60 offices throughout Northern and Central California, Lake Tahoe, Northern Nevada, Wyoming, New Mexico, Idaho, and Colorado. Over the past four decades, Select Group has consistently grown, even during industry downturns, by adhering to a simple commitment. We always put our clients' interests first. The Select Group consistently achieves the honor of being named one of the "Top 100" Real Estate Companies in the United States. “Redefining Real Estate with each exceptional customer experience.”

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