Currently the Little Rock area has several homes listed on the Multiple Listing Service that are great deals. There are many foreclosure and short sale opportunities out there for home owners wanting to buy or investors wanting to make money.
Right now there are 382 foreclosures for sale on the Central Arkansas Multiple Listing Service. Which is about 4% of the total number of active homes listed in Central Arkansas. Many of these are move-in-ready and require little work. There are other however that can be very profitable with work and proper negotiating.
There are another 175 shrot sales listed in the Central Arkansas area. These can be great deals, but buyers must be patient when working with short sales. Banks can often times take up to 4-6 months to close a short sale. We have seen instances that took up to 10 weeks to hear back on the offer.
If you are interested in buying a Little Rock home or a home in Arkansas, visit www.homeinlittlrock.net to search. We offer a detailed map search that offers buyers the ability to search for daycares, schools, etc. close to the homes they like. We would love to assist you with your move.
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