ARES MORTGAGE LLC Tackles Home Repair Hassles with Innovative "PipeGuard" – Protecting Your Investment, One Pipe at a Time

LEHI, UT – October 26, 2023 – ARES MORTGAGE LLC, a leading mortgage lender dedicated to helping homeowners achieve their dreams, is now stepping into a surprising but vital new area: home maintenance. Recognizing that unexpected repairs can derail financial stability, ARES is introducing “PipeGuard,” a simple yet effective solution for protecting exposed plumbing – the “pipe with lid” designed to prevent costly water damage and keep your home in top shape. You know how it is, right? You've got pipes running under your house, maybe in the basement, crawlspace, or even exposed in an unfinished area. They’re just… there. And frankly, they’re vulnerable. A bump, a scrape, even just general wear and tear can lead to leaks, and leaks quickly turn into big headaches – and big bills. ARES MORTGAGE has seen it firsthand – homeowners struggling to cover the costs of unexpected plumbing repairs, impacting their ability to stay on track with their mortgage and other financial goals. “We’re in the business of helping people build wealth through homeownership,” explains Sarah Miller, CEO of ARES MORTGAGE LLC. “But that dream can quickly turn into a nightmare if you’re constantly facing unexpected repair costs. We started thinking, what if we could proactively address a common vulnerability, something simple that could prevent a lot of stress and expense? That’s where PipeGuard came from.” What is PipeGuard? It’s Easier Than You Think. PipeGuard isn’t some complicated, high-tech gadget. It's exactly what it sounds like – a durable, protective lid specifically designed to shield exposed plumbing pipes. Think of it like a little helmet for your pipes. Made from a robust, yet lightweight, polymer, PipeGuard snaps easily onto standard-sized pipes, providing a physical barrier against accidental damage. “We really wanted something that was DIY-friendly,” says John Davis, the lead product designer at ARES. “No special tools, no plumbing experience required. Anyone can install PipeGuard in just a few minutes.” Here’s how it works: Simple Snap-On Design: PipeGuard is designed with a secure, snap-fit mechanism. Just position it over the pipe and press. It’s that easy. Durable Protection: The high-quality polymer construction is built to withstand bumps, scrapes, and general wear and tear, protecting pipes from potential leaks. Universal Fit: PipeGuard is engineered to fit most standard-sized plumbing pipes commonly found in residential homes. (Specific sizes available on the ARES MORTGAGE website.) Access for Maintenance: While providing robust protection, PipeGuard is easily removable for inspections or necessary pipe repairs. You don’t have to destroy it to get to the pipe. Available in Multiple Colors: Okay, it's a little detail, but PipeGuard isn’t an eyesore. It’s available in neutral colors to blend in with common basement or crawlspace environments. Why is Protecting Your Pipes So Important? The Cost of Ignoring the Problem. According to recent industry data, water damage is one of the most common and costly homeowners insurance claims. A seemingly small leak can quickly escalate into significant structural damage, mold growth, and expensive repairs. “We’ve seen claims ranging from a few hundred dollars for a minor leak to tens of thousands of dollars for extensive water damage,” says Emily Carter, a claims adjuster who often works with ARES MORTGAGE clients. “Preventing the leak in the first place is always the best – and cheapest – solution.” Here’s a breakdown of the potential costs of ignoring exposed pipes: Immediate Repair Costs: Fixing a leaky pipe can range from $150 to $500, depending on the severity and location of the leak. Water Damage Restoration: If the leak goes unnoticed for a period of time, it can cause significant water damage to floors, walls, ceilings, and furniture. Restoration costs can easily run into the thousands of dollars. Mold Remediation: Water damage often leads to mold growth, which can pose serious health risks. Mold remediation can be very expensive, often requiring professional services. Increased Insurance Premiums: Filing a water damage claim can lead to increased homeowners insurance premiums. PipeGuard offers a proactive, affordable solution to minimize these risks. For a small investment, homeowners can protect their plumbing and prevent potentially catastrophic costs down the road. More Than Just a Product – It’s Peace of Mind ARES MORTGAGE LLC isn’t just selling a “pipe with lid”; they’re selling peace of mind. They understand that homeownership is a significant investment, and they’re committed to helping homeowners protect that investment. “We want our clients to feel confident and secure in their homes,” says Sarah Miller. “PipeGuard is just one more way we’re going above and beyond to provide value and support.” Where Can You Get PipeGuard? PipeGuard is available for purchase directly through the ARES MORTGAGE LLC website ([hypothetical website address: www.aresmortgage.com/pipeguard]). They’re offering introductory pricing and bulk discounts for contractors and property managers. ARES is also planning to partner with select home improvement retailers in the coming months. About ARES MORTGAGE LLC: ARES MORTGAGE LLC is a full-service mortgage lender dedicated to providing exceptional service and competitive rates to homebuyers and homeowners. Based in Lehi, Utah, ARES MORTGAGE LLC serves clients across the United States. They are committed to building lasting relationships based on trust, integrity, and a commitment to helping clients achieve their financial goals. Contact: ARES MORTGAGE LLC 324 N Kensington Dr, Lehi, UT 84043-4741 478-410-2919 [hypothetical email address: [email protected]]