Offer of Home Value Lock Insurance by Century 21 Select Real Estate to Clients
Homebuyers in the Sacramento region now have a new layer of financial protection thanks to Home Value Lock, a market value insurance product. Century 21’s Select Real Estate recently announced its partnership to provide this innovative service to its clients, offering them market value protection for their newly purchased homes at no additional cost.
“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, the company responsible for distributing Home Value Lock.
This groundbreaking insurance product shields homeowners from financial losses tied to market downturns, covering the first 10% of a home’s purchase price if the property’s value declines at the time of resale. Fully licensed and regulated in California, Home Value Lock represents a pioneering approach to mitigating financial risk in the real estate sector.
Boosting Confidence in Homeownership
“We want to offer our homebuyers additional confidence in market values through this coverage,” stated Dan Jacuzzi, CEO of Select Group Real Estate Services. “Providing a product like this further demonstrates the meaningful benefit of working with Century 21 Select Real Estate professionals when you purchase a home.”
Century 21’s Select Real Estate, a prominent real estate group in Northern California, is extending Home Value Lock as a closing gift for homebuyers who use a mortgage to finance their purchase. The service is available across the greater Sacramento area, offering peace of mind during the early years of homeownership when financial risks can feel most acute.
A Response to Market Volatility
The introduction of Home Value Lock comes as a proactive response to fluctuating housing market conditions. While catastrophic events like the 2008 Financial Crisis dramatically impacted home values nationwide, localized incidents such as wildfires have also played a significant role in market volatility. By addressing these vulnerabilities, Home Value Lock empowers buyers to navigate homeownership with greater assurance Offer .
“Our coverage is designed to give homebuyers peace of mind, particularly in the first few years of ownership, that the market value of their home is protected,” Weston explained. “This is especially critical during periods of uncertainty, whether driven by economic recessions or localized disruptions.”
How Home Value Lock Works
Home Value Lock protects up to 10% of the purchase price of a home if its market value decreases by the time the property is resold. For instance, a home purchased for $500,000 would be covered for up to $50,000 in losses should the market value decline. The product provides this assurance at no additional cost to Century 21 Select Real Estate’s clients, distinguishing the agency as a forward-thinking leader in real estate services.
About Century 21 Select Real Estate and Home Value Lock
Home Value Lock was introduced earlier this year in Northern California and has quickly gained traction as a revolutionary tool for real estate buyers. Its launch in partnership with Century 21’s Select Real Estate underscores the commitment of both organizations to enhancing the homebuying experience through innovative solutions.
Select Group Real Estate Services, the parent company of Century 21 Select Real Estate, has a rich history of excellence and growth. Founded in 1980 by Dan Jacuzzi in Marysville, California, the organization has expanded to include nine companies, over 1,700 agents, and 60 offices across Northern and Central California, Lake Tahoe, Northern Nevada, Wyoming, New Mexico, Idaho, and Colorado. Despite industry challenges, Select Group has consistently grown by adhering to its core value: prioritizing clients’ interests above all else.
A Testament to Leadership and Innovation
Select Group’s commitment to redefining the real estate industry is reflected in its continuous recognition as one of the “Top 100” Real Estate Companies in the United States. By introducing Home Value Lock to its offerings, Offer the company further solidifies its reputation for delivering exceptional value and service.
Closing the Gap in Homebuyer Protection
As housing markets remain susceptible to economic shifts and localized events, products like Home Value Lock are likely to gain broader appeal. The partnership between Century 21’s Select Real Estate and OMT Insurance Services positions both entities at the forefront of a growing trend to offer homebuyers more than just a property—but also financial security.
For homebuyers in the Sacramento area, this innovative insurance product ensures greater stability and peace of mind, reinforcing the idea that real estate is not only a personal investment but also a secure one.
