Buying a home in ArkansasIn Arkansas, a real estate transaction is fairly straightforward. But, it would be wise to seek advice from a local real estate agent about any specific questions you need answered, in particular regarding the documentation and forms you will need to fill out. In a standard real estate transaction in Arkansas, the following stages would be involved.
- Both the buyer and seller sign a contract in order to complete the transaction
- The buyer conducts a title search on the property and secures financing
- Next comes the closing. In an Arkansas home closing, the deed transfers ownership of the property
- The final phase is recording the real estate deed into the name of the new owner by an Arkansas residential real estate attorney