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.

The state has several significant towns and cities like; Little Rock, Mountain Home, Bentonville and, El Dorado. These areas are just some of the state’s beautiful locations. If you make an investment on an Arkansas real estate, you are assured that it will sell since more and more people are exploring the idea of owning a home within the state. The economy of Arkansas is earning billions, which is why you should decide to invest on an Arkansas real estate. During the year 2005, the GDP of the state is $87 billion. Its agricultural products are eggs, poultry, cattle, cotton, soybeans, rice, hogs, milk and, sorghum. It also has industrial products like; machinery, food processing, paper products and, other products. The state’s tourism industry is also relevant for the economy of the country since, its topography is widely diverse. Arkansas has a lot of natural parks and, caves, mountains, natural rivers and, spring caverns. This is why a lot of tourists frequent the state. You should not let this opportunity pass; invest on an Arkansas real estate right away.

In the State of Arkansas, all closing costs should be paid at the time of final purchase. The down payment, loan fees, title fees and escrow amounts should be paid by the purchaser at the closing. Mobile Notary Publics can be contacted to close the loan. The website of the American association of Notaries has a notary locator directory to help the purchaser find a notary in Arkansas. Notary Publics either assist simple witness closing or the mere work of witnessing and attesting to the signing of the documents or a full document service where the notary public explains all the documents to borrowers. However, in the State Of Arkansas Notary Publics must not be looked upon as substitutes for Attorneys nor should they be expected to do the work of attorneys. They are merely attesters of authenticity of a document and professionals who will explain documents to borrowers. The purchaser is required to show proof of a one year home owner’s insurance premium payment and a proof of identity at the closure when the deed is signed by both parties. When the Notary Public attests the signatures of the parties to the transaction, the seller hands the keys to the purchaser and the purchaser completes the purchase of a home in the State of Arkansas.