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Archive for the ‘Real Estate’ Category

Arkansas Real Estate

Wednesday, November 20th, 2013

Arkansas is a beautifully diverse state, filled with thick forests and mountainous regions on the one hand, and fertile farmland and lush valleys on the other. Whether you are searching for a home that allows you to enjoy the beauty of nature right outside your window, or prefer a cozy bungalow nestled in the heart of a big city, you can find what you are looking for in Arkansas real estate.

Many looking for Arkansas real estate find that this state has something for just about everyone. Arkansas residents enjoy a fairly temperate climate throughout much of the year, with a distinct difference between the southern lowlands and the higher altitudes of the mountain regions.

Homes in the state remain fairly affordable, making Arkansas real estate a good value for many homeowners. Taxes and utilities also rank low on the national scale allowing those searching for Arkansas real estate to purchase plenty of house for the price. Employment options abound, with the presence of many national companies providing a plethora of jobs for Arkansas residents.

Arkansas has a reputation for down home friendliness, with plenty of activities for every taste. Outdoorsmen can take in the many beautiful areas of the state with hiking, fishing and a host of other outdoor activities.

City folks will enjoy the many amenities around Little Rock, with sports, culture and nightlife abounding. Arkansas is a state that truly does offer something for everyone, which is good news for those in the market for Arkansas real estate today.

Tax Deed Sale Process In Arkansas

Wednesday, November 20th, 2013

The Commissioner of State Lands Web site has all of the required information for buying state-owned tax deeds in Arkansas. A schedule of tax deed sales throughout the state and the inventory of properties are published on the Web site. The tax delinquent property sales list contains the name of the property owner, the legal description of the property, the parcel number, the taxes due on the property, and the minimum bid that is required to purchase the tax deed. It is certainly advisable to do the proper research on a property before committing to make a purchase. The things that you will want to know about the property include the assessed and market value of the property, the location and size of the property, any liens, mortgages or other assessments on the property for which the deed holder may be held liable. The Arkansas county Web sites and numerous other online real estate Web sites are good places to assist you in your research.

Interested investors must pre-register if they wish to attend a tax deed sale. The tax deed sale is competitive, meaning that the investor willing to pay the highest amount for a property will win the tax deed. Bidders also have the option to mail in their bid to the office of the Commissioner of State Lands. In most cases, bids must be received no later than seven days prior to the date of sale. For lands that do not sell for the minimum bid amount, either by mail or at the sale, the Commissioner may negotiate a sale. All negotiated sales must have the approval of the Arkansas Attorney General.

For all sales, the first $100 is due in the form of cash, money order, or cashier’s check. The remaining amount may be paid by personal check, but the the deed will not be issued until that check clears. Upon payment of the full price owed, the purchaser will receive a certificate of purchase from the Commissioner of State Lands. It is important to note that the former property owner is given 30 days from the date of the tax deed purchase to redeem the property. If redemption by the former property owner does occur, the tax deed purchaser receives a full refund. If redemption does not occur, the purchaser will receive a limited warranty deed. If you are interested in buying Arkansas tax deeds, you definitely need to visit the Commissioner of State Lands Web site. Be sure to read the Buyers Guide and the Laws Governing the Sale of Tax Delinquent Lands.