Van Buren and Ft. Smith real estate and homes for sale in Arkansas - Alice Medlock, REALTOR® Alice Medlock REALTOR(r) for Van Buren and Ft. Smith, Arkansas real estate - NUMBER1EXPERT™ Alice Medlock NUMBER1EXPERT(tm) for Van Buren and Ft. Smith, Arkansas real estate

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Alice Medlock, REALTOR®, real estate agent and broker for Van Buren and Ft. Smith Arkansas home listings, property and land for sale - NUMBER1EXPERT(tm)

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Real Estate Tips
First Time Buyers >Insuring Your Home

Many home buyers are concerned about whether they have an insurable interest in the property before the actual closing. The answer is an unqualified "yes". Although the buyer is not yet the recorded owner of the property, he or she has an insurable interest in the property as soon as the agreement of sale is executed by both the buyer and seller.

Should you get hazard insurance before the closing? It depends. Buyers do not usually insure a property until the title passes to them from the seller. However, it's wise to know what the agreement between you and the seller stipulates with regard to insurance.

Most agreements state that the property will be insured for a specific amount. This is very important to both parties. From the buyer's point of view, it is also critical that an adequate sum or full replacement value be stipulated. Watch out for agreements which read "as now insured". This is an all-too-common practice which usually indicates that the seller does not to want to increase inadequate insurance coverage.

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Real Estate Trivia
Q 
What building has been named the 21st Century Townhouse project?

A 
4 townhouse in Bowie, MD made of giant foam/board panels, concrete/styrofoam block frames, steel, and aerated concrete.
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Alice Medlock, REALTOR®, real estate agent and broker for Van Buren and Ft. Smith Arkansas home listings, property and land for sale - NUMBER1EXPERT(tm)

ALICE MEDLOCK
MEDLOCK & WEST REALTY, LLC

906 MAIN STREET
VAN BUREN, AR 72956
479-474-7474
Fax: 479-474-0259
Email: realestatearkansas@NUMBER1EXPERT.com

Alice Medlock has been ranked in the top 2% of agents, worldwide, of the National franchise company she was associated with for seven years. Now the Principal Broker and partner of MEDLOCK & WEST REALTY she offers the same EXCELLENCE and personal service to every buyer and seller. Her company's slogan "WITHOUT YOU, WE WOULDN'T BE HERE" says it all! Her knowledge of the area combined with her dedication to her clients and utilization of every technological tool available to the Real Estate industry, makes buying or selling a home so easy.

Equal HousingMLSREALTOR


Medlock & West Realty real estate and homes for sale in Van Buren and Ft. Smith Arkansas

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