According to a recent survey by Realtor.com, over 50% of potential homeowners are reluctant to take on such a large financial responsibility. The number one reason for this was cited as being the fear of job loss; and with unemployment at a 26-year-high, who can blame them? Real Estate companies across the country are trying to find ways to make consumers feel confident about purchasing a new home. One of those companies is Enterprise Network member, The Group, Inc. Real Estate. Based out of Ft.Collins, CO, The Group, Inc. is extending an offer to buyers through the Job Loss Protection Program. Properties purchased or listed for sale through a Group Realtor are eligible for coverage if they so chose.

The Job Loss Protection Program is included in The Rainy Day Foundation’s HELP program (Homeowner Education and Loan Protection). The program provides up to six months of mortgage payments in the event you lose your job within 24 months of purchasing a home. Launched in 2008 with the goal to help Americans maintain responsible homeownership, the HELP program is predicted to provide over eight million in funds in 2009. In good economic times and bad, the Rainy Day Foundation wants to help.

To be eligible for assistance from the foundation:

1.    You must be between the ages of 18 and 66
2.    Be employed full time (minimum of 30 hours per week)
3.    Unemployment must commence involuntarily during coverage period
4.    Cannot be self employed (greater than 10%), an independent contractor, or active military

To learn more about the details and conditions of this program, visit The Group, Inc.