If you are looking for land in Arkansas, owner financing
may be the way to go. Arkansas is rich in recreational
property, hunting land and beautiful water front home
sites. When purchasing owner financed land in Arkansas
you need to consider that most land contracts in which
the financing is done directly through the seller, the
interest rate will be higher. This is because the seller in
most cases would prefer a cash sale or bank financing so
they would get the proceeds of the sale immediately. In a
slower economy, sellers are usually more open to owner
financing because receiving monthly payments for the
land is better than paying a realtor to list the property and
waiting for it to sell.
Owner Financed Land in Arkansas