Thank you very much for all the information and advice. I located a resident in nearby La Cresta who told me who they use. So for anyone looking in the future I found that these insurance companies will cover homeowners in this region:
Century National Insurance
The premiums are about what I've been paying living in a tract in town. So glad in any case to have the coverage I need to move to my dream home.
Blessings - Sarah... more
Unless you qualify for a VA loan which is 100% financed you will have to come in with a down payment. However, there are many programs that you can investigate that have certain guidelines, i.e,. you can't make more than $75,000 a year, etc. Best to check with your qualified loan agent. And if you are buying a foreclosed or bank owned property, you can always ask the seller (bank) for assistance in non-recurring closing costs.
Joyce Virtue, Broker Associate
Five Diamond Properties
Ca Lic 01155911
When you purchase a home property taxes are 1.25% of the purchase price per year. They're also paid in two yearly installments. As far as homeowner's insurance you can call my partner who is an Allstate Agent and they can assist you with that information. His name is Michael Pohl Allstate Insurance 8183774121 firstname.lastname@example.org
One thing to be aware of, if you are getting a loan your loan specialist with provide you with an Good Faith Estimate that will detail all of the pertinent costs including taxes and insurance.
Please keep us in mind when you are ready! We'd really appreciate it. We have 25+ years combined experience.
However, even if you don't use us feel free to contact us if you have any more questions. We are here to help.... more
Hello Gringo (love the screen name), I know of a great insurance company and agent in your area. They are actually in Temecula, but cover Lake Elsinore. They have helped many of my clients. Let me know if you would like their contact info. You can contact me through my profile.
In an effort to get the best information available, I suggest two means: 1) Consult with a contractor; or 2) speak to your insurance agent. The conversation should not be about a low premium but the real replacement cost (understanding what this is becomes tantamount in understanding the reality in the event of a loss). In my personal experience, AAA has the best method for calculation
If this question is more about lowering the replacement cost to lower your premium, you need to speak to a contractor even moreso to get the cost attributable and then do an internet search. If you do, make sure you inquire about multiple policy discounts... more