News
LAND CONTRACTS: SHAKY GROUND OR SOLID AS A ROCK? PART III
by Andrea S. Alford, Deputy Executive Director
In a recent two-part series for the Arkansas REALTORS® Association’s House to House column in the Arkansas Democrat-Gazette, we examined the implications of entering into land contracts for both buyers and sellers. Copies of those articles can be found {{here}}. Brokers assisting clients …
LAND CONTRACTS: SHAKY GROUND OR SOLID AS A ROCK? PART II
by Andrea S. Alford, Deputy Executive Director
In our first installment of this series, we discussed how buyers should approach a land contract. Now we will examine the implications of land contracts for sellers. As a critical reminder, the Commission urges buyers and sellers alike to engage the services of a qualified Arkansas real es…
LAND CONTRACTS: SHAKY GROUND OR SOLID AS A ROCK? PART I
by Andrea S. Alford, Deputy Executive Director
Despite the variety of lending products available in the real estate industry today, some buyers may still find themselves unable to qualify for a mortgage due to poor or insufficient credit, a high debt-to-income ratio or the inability to secure a down payment. In many cases, would-be buye…
O BROKER, WHERE ART THOU?
by Andrea S. Alford, Deputy Executive Director, Arkansas Real Estate Commission
Webster defines the term “bona fide” as “genuine; authentic; neither specious nor counterfeit”. In one of my favorite scenes from “O Brother Where Art Thou”, Ulysses Everett McGill has escaped from prison and returned to his wife, Penny, only to learn she is engaged to a man named Vernon…
