Looking for a way to grow your portfolio in a tough market? Check out the AR Tax Lien Auction held this year in July!
Each year Arkansas auctions tax-delinquent properties that have been claimed by the state. There are great opportunities here, but there are a few "Buyer Beware" warning you need to understand.
We're bringing you the people who actually run the auction from the Commissioner of State Lands office who will walk you through the process. Then, local attorney Paul Younger will explain post-auction title work - just in case you win! They will explore:
· How properties become delinquent · Cool online listing of all available parcels
· How the auction works
· What happens if you win
· Perfecting the title
Here's the schedule for when and where auctions will be held. One tip: Don't Be Late - They move fast!
July 9, 10 am Crawford, Franklin, Logan, Scott & Sebastian Counties
Wyndam Hotel, 700 Rogers Ave, Ft. Smith
July 16, 10 am Benton & Washington Counties
NWA Convention Ctr, 1420 S 48th St, Springdale
July 17, 10 am Carrol & Madison Counties
Inn of the Ozark Convention Ctr, Eureka Springs
Lisa Pelton has been with the Commissioner of State Lands for over 35 years. Currently, she serves as the Real Estate Administrator and oversees the collection and sale of tax delinquent property. She is the go-to person for answering questions about buying tax delinquent property.
Justin Phillips has been with the Commissioner of State Lands office for 12 years, and currently serves as the Director of the Real Estate Division. He oversees staff responsible for public and online auctions as well as redemptions and deed eRecording.
Paul Younger comes to us with a wealth of real estate experience. He has leveraged his law practice to start TWS Title Company. Paul has advised many of our investors on the legal, financial and now title aspects of closing real estate transactions.
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