RibbonCash+ enables Buyers to write highly competitive offers above the Ribbon Value (Ribbon's best estimate of the appraisal value of the house in today's market).

RibbonCash+ and Appraisal Protection are not the same thing.

RibbonCash+ is your ability to write offers above the Ribbon Value (Ribbon's best estimate of the appraisal value of the house in today's market).

Appraisal protection is Ribbon's guarantee to cover the gap between your contract price and the appraisal value in the event of a low appraisal.

Appraisal protection coverage is a benefit of all RibbonCash offers, including RibbonCash+ offers.

Currently, RibbonCash+ is available within select cities in the states of Alabama, Florida, Georgia, Indiana, Missouri, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, Texas, Virginia.

If a buyer decides to utilize a RibbonCash+ option, they will have two payment options. They can choose to "Pay Now" or "Pay Later."

If they opt to "Pay Now," they will pay the associated fee along with the Ribbon Fee in their deposits. If they opt to "Pay Later," they can defer payment until a future timeline, with certain terms and specifications.

The actual fee amount will vary based on which payment option the buyer opts into. The buyer must choose their payment option before the offer is accepted by a seller.

Your agent can help you determine what option is best for you, based on your financial situation, appraisal trends in the local housing market, and the bid you would like to make on a home via the Ribbon program.

Some example reasons a buyer might opt to pay now:

- You cannot cover a large appraisal gap out of pocket but want to write a more competitive offer and protect yourself from a low appraisal.

- You don't want any post-purchase obligations.

Some example reasons a buyer might opt to pay later:

- The home you'd like is less likely to under appraise.

- You're comfortable paying a fee later in order to win the home you'd like.

No, a lien will not be placed on your home. Together we sign a contract that outlines our relationship and repayment timeline. We are repaid from the proceeds in a future sale or refinance of your home—not from your pocket today. If you do not sell or refinance over a 30 year period then the contract automatically expires.

Contact your Ribbon account manager for more information. We're always happy to help.

If you sell or have a cash-out refinancing within 30 years, you will pay the Appraisal Gap Amount and Service Fee from the proceeds. You can also pay early if you'd like.

There isn't one. We pay the appraisal shortfall so that you can win your home today. In exchange, we earn a fee when your home sells or re-finances at a higher value in the future.

It is an option contract that gives Ribbon the option to purchase a percentage of the home at a predetermined price upon a sale or cash-out refinancing. However, this contract also gives the homeowner the ability to cancel this option by using the proceeds of the sale or refinance to pay the Appraisal Gap Amount and Service Fee.

If your home declines in value, the Service Fee is $10 and the Appraisal Gap Amount is forgiven.

Yes. No matter how much the value of your home appreciates while you own it, you will never need to repay more than three times the Appraisal Gap Amount we contribute at the time you make your purchase.

The payment to Ribbon is based on two amounts – the Appraisal Gap Amount, which we provide at closing, and a Service Fee. Typically, the Service Fee is 25% of the Home Price Appreciation that occurs between your initial purchase with us and a future sale or cash-out refinancing. Note: You'll need to bring cash at closing to cover any amount above the Max Ribbon Value.

The value of your home is the appraisal value provided by your lender. For calculating the Home Price Appreciation part of our Service Fee, we compare the initial appraised value at the time you purchase the home against the new appraised value at a future sale or cash-out refinancing event.

We are not a lender and do not provide you with a loan to cover the appraisal shortfall. There is no personal liability nor any obligation to pay us if the proceeds from your future home refinancing or sale aren’t enough to pay off Ribbon.

No. We're not a lender and do not make loans to the buyer. The "Pay Later" contract only gets triggered at the time of sale or or a cash-out refinancing.

The non-refundable fee is included in your deposits on the offer and collected at closing.

The fee is $250 for every $1,000 your offer exceeds Ribbon Max Value.

Note: You'll need to bring cash at closing to cover any amount above the Max Ribbon Value.

We collect the "Pay Now" fee with your deposits after your offer has been accepted. This is a non-refundable fee, regardless of the appraisal value.

Even if your home appraises at the offer price or higher, the fee paid for opting into RibbonCash+ Pay Now is still paid to Ribbon at closing.

Yes, we will cover any appraisal gap for offers up to the Max Ribbon Value (the maximum purchase price Ribbon is willing to offer for a particular listing).

Note: You'll need to bring cash at closing to cover any amount above the Max Ribbon Value.

No. In the event that the home appraises at or above your offer price, the fee is still collected.

No. If you’ve opted into RibbonCash+ and chose the “Pay Now” payment option, your fee was collected as part of your deposits.

We will cover any appraisal gap up to the Max Ribbon Value.