Rossi Real Estate Services LLC, Rossi Real Estate Services LLCPhone: (518) 598-7711
Email: [email protected]
Email: [email protected]
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If you purchase a new home, you will need to purchase homeowner’s insurance. If you’ve never owned a home before, you may not realize all the factors that go into the cost of insurance. When looking for a home, it’s easy to get caught up in the house’s structural design, the marble countertops, curb appeal, appliances, etc., and forget about features that affect your home’s insurance cost.
Build and age: When a homeowner is considering buying a home, the first and most important feature to look out for is the structure and build of the home. Some people prefer homes constructed with wood over homes built with bricks. Your insurance company may charge you a higher premium for a house built solely with wood because it’s more flammable than a house built with bricks. Another factor is the age of the house; the older the home, the more money required to maintain and repair, which might, in turn, increase the cost of your insurance premium.
Location: Your location affects how much you pay for insurance. The riskier your home’s location, the higher the premium you pay. People who live in areas prone to natural disasters like hurricanes, tornados, earthquakes, landslides, or floods should expect to pay a higher premium when compared to those who live in an area less prone to such disasters. If you decide to buy a home in the coastal region, the cost of protecting your property is something you should factor in when making your decision.
Home safety: How safe is the location of your home? If you live in an environment that has a high crime rate, you should expect to pay a higher insurance premium for your home. Most homes located in neighborhoods not considered safe usually come at a lower price, but your insurance premium might take a considerable amount of what you saved. You can reduce your insurance costs by installing other security measures in your home. New locks, especially smart locks, surveillance cameras, and other security features are all safety measures that can reduce your insurance premium. If your home is in a controlled-access community with secure gates or entry guards, you may see a reduction in your insurance premium.
Condition of the roof: The shape of your home’s roof is an essential determinant of how much you will pay for your insurance cost. A house that has a damaged or faulty roof takes a considerable amount of money to repair. Additionally, while the look of cedar-shake roofs is beautiful, in some areas they pose a fire hazard. When looking to buy a home, do not neglect to note the age and condition of the roof. Aside from the build of the house, it is the next most vital factor.
These features and others affect how much you pay for insurance. Be sure to factor the cost of protecting your home into your budget when you go house hunting. Your realtor can also help you get a good deal for your home insurance, so be sure to ask!
Rossi Real Estate Services LLC is a boutique real estate brokerage firm that provides close personal attention to buyers and sellers in the Capital Region and surrounding areas. “Typical” is not a word that clients use to describe Rossi Real Estate's approach to home buying and selling. Building upon years of experience, Rossi Real Estate employs creative marketing approaches, combined with a vast network, to quickly sell homes. By creating home floor plans, professional photography, and online marketing videos, Rossi Real Estate is able to depict home layouts and professional marketing to potential buyers before stepping foot in your home; this saves the seller valuable time by attracting only those buyers who have greater interest in the home. Additionally, by employing targeted online marketing, Rossi Real Estate targets buyers searching for homes just like yours.
Joe Rossi, the Principal Broker at Rossi Real Estate, builds upon over 12 years real estate experience in every transaction. Joe zealously advocates for his clients by combining his diverse background in law, finance, complex negotiation, and management, with compassion and exemplary communication skills creates. He explains transaction details and guides his clients through every step of the buying and selling experience. Furthermore, Joe listens to his clients’ wants and needs. In a recent transaction, the buyer profusely thanked Joe, stating he was, “[T]he only one in the transaction that was capable of communicating with the sellers in a way that ensured we were able to close on our dream home”.
Our real estate practice includes leading professionals, all of which are NYS Licensed Real Estate Sales Associates: Joseph R. Rossi, Ryan Hart, & Dustin Cogswell. Their experience includes work at a fortune 100 company, military operations, and technical recruiting.
If you're looking for a real estate broker who goes above and beyond the industry, who genuinely cares about their clients, and who will drive results, contact Rossi Real Estate Services LLC today.
The Stuff our attorneys make us include...
In accordance with Real Property Law §442-H, Rossi Real Estate Services LLC implemented a Standardized Operating Procedure governing client engagement. As such, prior to any engagement, Broker:
1. Requires a buyer to produce identification if the identity of the buyer is not readily known through a personal relationship with the broker or licensed sales person;
2. Requires an exclusive agency agreement (i.e. exclusive broker agreement) prior to engagement with any buyer;
3. Does not require pre-approval for a mortgage loan; however, a pre-qualification letter for a mortgage loan or, for cash buyers, proof of funds is required.
Although Broker may not require certain information, a seller of real estate may require this information prior to showing the property and/or as part of any purchase offer.
