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1009 S 11th St, FORT SMITH, AR

Fannie MaeReal Estate📍FORT SMITH, AR

List Price

$105,000

Availability

For sale

Price history

since Aug 4

$125,000−$20,000 (−16%)$105,000
Pre-bid checklist3/9

The property

From the seller's description. Not a guarantee of condition.

Market demand: Real Estate in Arkansas sell about 22% of the time, typically 1 bid. Based on 261 completed sales over the last year.

Appraised valueFixed price
$105,000
Fannie Mae lists this HomePath home at an appraised market value, not an auction starting bid.
  • •This is the asking price set from that appraisal, not a below-market auction bid - a fair price for the home, not a guaranteed bargain.
  • •The real edge of a government REO is a clean sale: clear, insurable title with any past-due property taxes settled at closing.
  • •Sold as-is with no seller repairs, so budget an inspection and repairs on top of the price.

The appraisal reflects the home's condition when it was inspected; values change over time. Not an independent valuation or investment advice - always inspect and confirm the numbers before you make an offer.

Title and tax regime in ArkansasClear title
This is a government REO sale, not a tax sale. The two convey title very differently.
  • •This listing: conveys with clear, insurable title. Past-due property taxes are settled at closing by the seller, there is no redemption period, and no former owner can reclaim it.
  • •County tax sales in Arkansas: Arkansas is a tax deed state. The county sells the property itself. You take ownership at the sale, subject to whatever the sale did not wipe out. There is no statutory redemption period after the sale. Title here usually needs a quiet-title action before it is insurable or resellable. None of that applies to this listing.

We do not estimate what a specific property owes. Lien and back-tax amounts live in county records and only a title search returns the real number, so any figure produced without one is a guess you should not bid against. Compare all 51 state tax-sale regimes. State-level rules, not legal advice.

Seller

Fannie Mae

Condition: REO / sold as-is

Full Description

Fannie Mae HomePath REO property at 1009 S 11th St, AR 72901. Single Family, 3 bed, 2 bath, 1,655 sqft, built 1960. Sold as-is by Fannie Mae.

Pickup information

FORT SMITH, AR 72901

Fannie Mae

Appraised valueFixed price
$105,000
Fannie Mae lists this HomePath home at an appraised market value, not an auction starting bid.
  • •This is the asking price set from that appraisal, not a below-market auction bid - a fair price for the home, not a guaranteed bargain.
  • •The real edge of a government REO is a clean sale: clear, insurable title with any past-due property taxes settled at closing.
  • •Sold as-is with no seller repairs, so budget an inspection and repairs on top of the price.

The appraisal reflects the home's condition when it was inspected; values change over time. Not an independent valuation or investment advice - always inspect and confirm the numbers before you make an offer.

Title and tax regime in ArkansasClear title
This is a government REO sale, not a tax sale. The two convey title very differently.
  • •This listing: conveys with clear, insurable title. Past-due property taxes are settled at closing by the seller, there is no redemption period, and no former owner can reclaim it.
  • •County tax sales in Arkansas: Arkansas is a tax deed state. The county sells the property itself. You take ownership at the sale, subject to whatever the sale did not wipe out. There is no statutory redemption period after the sale. Title here usually needs a quiet-title action before it is insurable or resellable. None of that applies to this listing.

We do not estimate what a specific property owes. Lien and back-tax amounts live in county records and only a title search returns the real number, so any figure produced without one is a guess you should not bid against. Compare all 51 state tax-sale regimes. State-level rules, not legal advice.

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Market data: see how government surplus prices are moving in the GovAuctions.app Surplus Price Index and how often each category sells in the GovAuctions.app Surplus Market Report.