NYT: Price Security for Home Sellers - insurance against price drop.

Sounds like a fascinating concept.

However, I would want to be very, very confident in the company's financial ability to deliver what it promises. Wouldn't take much to bankrupt a small start-up company like this.

True Topper. Financial stability is a concern.

Noah, what's your take?

> Looks loke price dropping fear is....gone?

If they are selling insurance against it, sorry, but that means the fear 'aint gone.

Idiot.

> Noah, what's your take?

SteveF, can't you put together a rational thought on your own?

the only safe way this could work is with a fully insured product. the same insurance companies that pay to rebuild your home after a fire can insure the value of your home. Google: Price Drop Insurance, or Market Value Warranty GDI Insurance for information on the only insured program.

Here is a link to the GDI Insurance Website with more info on this product

http://www.gdiinsurance.com/insurance-quotes/personal-insurance/home-value-warranty