Multiple listing services (MLSs) have a wealth of data, and one technology company thinks it has found an innovative way to use it.

Real estate data company StreetWire has partnered with Northern California MLS MetroList to produce an insurance product called Home Value Lock. It’s designed to protect homeowners from declining home values.

The coverage is good for three years after the closing date on a home purchase, and the insurance covers up to 10% of the original purchase price. StreetWire believes Home Value Lock will minimize the risk of losing money on a home purchase in situations where details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com