Kerri McDonald of Lincoln has one less thing to worry about for 2010. HOME Real Estate, along with Woods Bros Realty, is paying her mortgage payments for the year, as she is the winner of their 2009 Cover Your Bases promotion.
McDonald and her husband, Tim, purchased their first home, a Cover Your Bases listing, in September. By participating in the Cover Your Bases program, the seller agreed to provide an upgraded American Home Shield home warranty to provide more buyer confidence in the home.
Kerri said they plan to use the money to give themselves a nest egg or to pay down extra on their mortgage.
“I’ve never won anything before,” Kerri said. “I don’t know what to make out of it. It just hasn’t hit me yet.”
The home warranty has already come in handy for the couple, and they were able to take advantage of the first-time home buyer federal tax credit. They also took part in the NeighborWorks® program, a non-profit organization that offers home buyer education and assistance, in addition to neighborhood revitalization.
“This is really going to help us out with our future,” Tim said. “With the $8,000, too, what else could we ask for? It’s just a blessing, really.”
The Cover Your Bases promotion was created to promote secure home buying and selling in an uncertain economy. Homes in the promotion included an upgraded home warranty to protect buyers from unforeseen repairs and expenses in the first year of owning their home. Entrants needed to purchase one of the promoted homes using a HOME Real Estate or Woods Bros Realty professional REALTOR®, and they were encouraged to have the homes inspected.
“We couldn’t be more pleased with the results of this promotion and are thrilled for the winners,” said Gene Brake, CEO of HomeServices of Nebraska. “We appreciate all the buyers and sellers who have participated in the program.”
135 buyers were enrolled for a drawing of free mortgage payments for a year, up to $12,000 of principal and interest. Kerri’s name was drawn Jan. 5, and Tim waited until he picked her up from work to give her the news.
“It’s still just a shock to me,” she said.
For more information about the Cover Your Bases promotion, visit www.CoverYourBases.net.