Areas prone to natural disasters or crime may end up costing more when it comes to obtaining the homeowners insurance Missouri residents need.
Chesterfield, MI (PRWEB) September 28, 2011
The team at local ABS Insurance Agency is always looking on the bright side, which is a unique attribute among insurance providers who are all too familiar with horror stories of uninsured or under-insured Missouri residents who experienced unfortunate events. As experts in Missouri home insurance, ABS has followed the changes in the local real estate market closely. Now, the team wants to share their advice with potential buyers who are in search of a new home.
As many people know, it’s a buyer’s market right now in terms of homes. This means that new buyers have more options than ever. Here are a few things to consider when starting the house-hunting process:
- Individuals who have been pre-approved for a specific loan amount often limit their search to houses that are listed under this price. However, sellers who are anxious to move out may be willing to accept offers that are well under their listing price, so go ahead and bump your search criteria up another $10,000 or $20,000 and test the waters of price negotiating.
- Unfortunately, many families who have been affected by the high unemployment rate can no longer afford their home, which means that there is a wide variety of foreclosed and short-sale homes on the market. Buyers who aren’t in a rush to move may consider looking into short sales. These types of sales are known for taking quite some time to become finalized, but buyers who enlist the help of an experienced real estate agent can often get a great deal on the home of their dreams.
- Young home buyers might be tempted to purchase a house in a less-than-ideal area if it’s the right price, but don’t underestimate how much location can affect costs. Areas prone to natural disasters or crime may end up costing more when it comes to obtaining the homeowners insurance Missouri residents need.
Missouri holds endless opportunities for buyers looking to take advantage of historically low home prices. Once these individuals have found the perfect house, all that’s left to do is call the Missouri insurance experts at ABS for a comprehensive and affordable home policy and start packing!
About ABS Insurance Agency:
Proudly located in Chesterfield, Missouri, ABS Insurance Agency is your premier local insurance agency; dedicated to serving the insurance needs of area individuals, families and businesses. As a well established agency, ABS Insurance Agency has grown to be one of the most trusted Missouri insurance companies in the area. The agency represents various nationwide insurance carriers, enabling its dedicated agents to effectively compare rates and coverage to ensure you receive the quality protection you deserve. With a broad network of providers ABS Insurance Agency can secure superior Missouri insurance for all of your coverage needs.