Arkansas Foreclosures - 8,376 Foreclosure Listings

Foreclosure Homes in Arkansas

There are currently foreclosed homes listed in Arkansas. Why should you consider buying a foreclosure property in Arkansas? To save money, of course! That’s right, purchasing a foreclosed home can save you as much as 50 percent or more on the final sale price of a distressed deal in Arkansas when compared to a traditional single-family house. We’ve also got awesome deals on top of incredible foreclosure deals, from rent-to-own homes, short sales and preforeclosures in Arkansas, as well as bankruptcy filings and government-owned foreclosure listings such as HUD, Fannie Mae and Freddie Mac, among others. Just select the county in Arkansas that you want to look for a property below. Then search through all distressed real estate listings in Arkansas for the amazing deal that’s right for you.

Arkansas Foreclosure Laws

In Arkansas, foreclosures are commonly handled outside of court through a nonjudicial sale process. Loans are generally secured by deeds of trust or mortgages. The timeline is usually short compared to many other states. Deficiency judgments are often allowed after foreclosure if the sale does not cover the debt.

Foreclosure Type Process

Non-Judicial (Judicial allowed)
Mortgage Instrument Security Type

Mortgage and Deed of Trust. Both are widely used.
Typical Timeline Duration

6-12 months depending on court
Deficiency Judgment

Deficiency judgments permitted
Redemption Period Owner Rights

Statutory redemption available in some cases.
Process Summary

Arkansas allows both judicial and nonjudicial foreclosure. Nonjudicial foreclosure follows statutory notice and cure procedures, while judicial foreclosure proceeds through court. Lenders choose the method based on circumstances.
Notice / Timing Statute

Arkansas Code § 18-50-101 et seq. (notice requirements for foreclosure)
Redemption Statute(s)

Arkansas Code § 18-49-101 (redemption allowed for judicial foreclosure only)
Deficiency Statute(s)

Arkansas Code § 18-50-114 (deficiency allowed after foreclosure)

How to Buy a Foreclosure in Arkansas

Begin by searching for foreclosure auctions and listings via county circuit clerks and online MLS resources in Arkansas. Arkansas primarily uses judicial foreclosure, so expect court involvement and possible redemption periods. Secure your financing early because purchasing at auction often requires cash or certified funds. Perform a title search and inspect the property if access is possible. Bid at the sheriff's sale or contact lenders for REO negotiations after the auction.

What type of foreclosure is used in Arkansas?

The type of foreclosure in Arkansas is Non-Judicial (Judicial allowed)

Is there a redemption period in Arkansas?

Statutory redemption available in some cases.

Are deficiency judgments allowed in Arkansas?

Deficiency judgments permitted in Arkansas

How do you buy a foreclosure in Arkansas?

Begin by searching for foreclosure auctions and listings via county circuit clerks and online MLS resources in Arkansas.