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View Poll Results: Where Can I Buy Cheap Land
Online 1 33.33%
In Person 1 33.33%
Through a Real Estate Agent 1 33.33%
None of the above 0 0%
Voters: 3. You may not vote on this poll

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Old 11-19-2017, 02:53 PM
 
2 posts, read 282 times
Reputation: 10

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Where can I go to get the cheapest land in Arkansas?

I did a search online, and I came up with the following sites,
and I had general knowledge of eBay and Craigslist.

Anyone else have ideas?

https://www.realtor.com/
https://www.zillow.com/
https://littlerock.craigslist.org/
https://www.ebay.com/
https://www.landwatch.com/
https://www.landsofamerica.com/
https://www.cheaplands.com/
http://classifieds.arkansasonline.com/marketplace/
https://www.landandfarm.com/

I am specifically interested in land closer towards
land that is priced under $5,000 total with owner
financing.

Thank you.
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Old 11-19-2017, 09:02 PM
 
Location: The Natural State
981 posts, read 965,489 times
Reputation: 772
Quote:
Originally Posted by Kimmy870 View Post
Where can I go to get the cheapest land in Arkansas?

I did a search online, and I came up with the following sites,
and I had general knowledge of eBay and Craigslist.

Anyone else have ideas?

https://www.realtor.com/
https://www.zillow.com/
https://littlerock.craigslist.org/
https://www.ebay.com/
https://www.landwatch.com/
https://www.landsofamerica.com/
https://www.cheaplands.com/
Arkansas Classified MarketPlace
https://www.landandfarm.com/

I am specifically interested in land closer towards
land that is priced under $5,000 total with owner
financing.

Thank you.

Too many unknowns here to be able to help. What type of land; timber, farm, pasture, small acres for house and garden, etc. etc.? And, $5,000? Per acre, for the whole thing, whatever that may be? I don't think anyone will be able to help without those answers, even those with experience in land sales.


You may be able to buy 40 acres for $80,000 or a half acre lot for $95,000, so you see, we need some answers.
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Old 11-19-2017, 09:28 PM
 
Location: Phoenix, AZ
1,736 posts, read 1,082,093 times
Reputation: 1680
Do you really want to buy a piece of land in the middle of no-where? Sounds nice on paper, but may be extremely isolating. But that's just me...
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Old 11-21-2017, 08:12 AM
 
2,627 posts, read 2,277,219 times
Reputation: 7256
Quote:
Originally Posted by DougStark View Post
Do you really want to buy a piece of land in the middle of no-where? Sounds nice on paper, but may be extremely isolating. But that's just me...
My thought was maybe they want to be isolated. Certain parts of Arkansas tend to attract the more self sufficient types.
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Old 11-21-2017, 08:53 AM
 
Location: Phoenix, AZ
1,736 posts, read 1,082,093 times
Reputation: 1680
Arkansas is still un-populated enough to allow a person to be 20 miles from a major town and yet still be out in the country. That scenario would be a lot more appealing to me than being far off the beaten path.
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Old 11-21-2017, 09:00 AM
 
37,240 posts, read 21,067,782 times
Reputation: 11357
Money is obviously a consideration. Land prices will be higher where demand is higher, and proximity to amenities tends to drive demand higher. OP needs to look at the poorest counties for the cheapest land.
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Old 11-21-2017, 10:48 AM
 
Location: Lakeville, MN
2,305 posts, read 3,846,969 times
Reputation: 2679
Not an expert by any stretch, but I would think the swampy areas that border Tennessee, Mississippi and Louisiana would be cheapest for land.
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Old 11-21-2017, 11:47 AM
 
Location: West Coast U.S.A.
173 posts, read 57,524 times
Reputation: 318
Many of those sites you listed have links to the seller's websites. Same on Craigslist.

Some of those sellers keep a list of subscribers and offer them a discount on their properties and some of them give their subscribers an early chance at the new properties before they're listed on the website, often at a good discount.

Some sellers offer financing, sometimes with no down and no questions asked about credit.

Just make sure to thoroughly research any property you're interested in before buying.
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Old 11-21-2017, 12:03 PM
 
Location: Ozark Mountains Arkansas
1,313 posts, read 791,777 times
Reputation: 2792
If you're doing owner financing, make sure to protect yourself and do it legally using a legit contract and use a title company for the purpose of legal recordings, land/title search, and title insurance.

You did mention the 5K amount, are you trying to get as many acres as possible for that amount?
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Old 11-21-2017, 01:40 PM
 
Location: Phoenix, AZ
1,736 posts, read 1,082,093 times
Reputation: 1680
One other idea for the OP to consider: looking for properties being sold due to prop tax lien. My brother bought land in southern Colorado this way.

But the sad part is, he never gets down there, and the property is not appreciating in value. There are tons of properties like this all throughout the sparsely populated west (probably much less so in the east and center of the country.) So he faithfully pays the property tax for what?
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