tax liens in arkansas

[Chip Chronister]

I would like to anyone that is investing in tax liens in Arkansas and find out so information about them.

[Dale Thomas]

Disclaimer: As I am new to this site, I don't know if Bigger Pockets has a general disclaimer concerning giving advice but let me just say this...anytime you are dealing in matters of title to real property you should consult an attorney. I am not attorney so please do not take my advice and use it for making decisions concerning your purchases or investments.

When you purchase a tax delinquent property from the COSL you do not get clear title. It states that on their website. What you get from the commissioner is a Limited Warranty Deed conveying the states interest only in that property to you. As far as I know, neither the auction action nor the deed extinguishes any other liens or encumbrances on that property.

If you choose to seek unclouded title in a timely manner you will have file a Quiet Title action. Otherwise you will be holding that property for some number of years before you are able to sell the property with title insurance.