How Do I Protect The Value Of My Property?
The risk of falling prices is inherent in any real estate market. "Locking In Your Value" means that you can "Lock In" the market price for your home or property when you purchase the Option Contract.

The Option Contract provides you with a specific value for your property which can be exercised at your discretion after a period of two years. Pursuant to the terms and conditions of the Option Contract, you will be able to sell at an agreed price, whether or not, there is a buyer for your property.

If property prices decline and you want to sell, you simply exercise the Option Contract pursuant to its terms and conditions.

The contract is completely transferable.

How Does It Work?
Assume your property is worth $600,000.

You secure the value of your property at $600,000 by purchasing the Option Contract.

In exchange for a onetime fee, you now have the option to sell the property after 2 years at the agreed price ($600,000), which will be the "Locked In Value", for a period of up to 10 years.

Of course, there is no obligation whatsoever to sell the property unless you choose to do so.

However, you now know the EXACT minimum price you will receive for your property should you decide to sell it.

If, in four years, you want to sell your property and you are offered $700,000, you can accept the offer and bank the profit.

On the other hand, if property prices drop and the best price you can obtain is $400,000, you can still sell it for $600,000 - the secured price.

How Does LIVE GRIP "Lock In Value" Actually Work?
We offer you an opportunity to sell your property to us at an agreed value; this is generally the market value prevailing at the time you take out your Option Contract to lock in your property value.

The market value is generally higher than the assessed value.

Once the "Lock In Value" is determined, we enter into the Option Contract which gives you the right to sell if you want to and we will be obligated to buy your property at the price agreed at any time for a period of 10 years - i.e. the term of the Option Contract.

Every property is unique; therefore the exact "Lock In Value" fee for the Option Contract, depends on the particular property, but is based on the agreed value. The Option Contract fee can be requested to be paid in installments or check with your Mortgage Company, Bank or Builder who many already have a plan for you.

This all inclusive fee will include administration and valuation fees, if applicable.

Once you have locked in the value and signed your contract the option becomes exercisable 24 months or 2 years after the date the Option Contract has been signed by all parties.

This Option Contract is unique and only available through LIVE GRIP and its partners.