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Arkansas Realtors gathers list of vacant rental properties for storm victims

Arkansas Realtors gathers list of vacant rental properties for storm victims

LITTLE ROCK, Ark. (KTHV) - Arkansas Realtors has gathered a list of vacant rental properties for storm victims.

The list has homes from all over the central Arkansas area. This list is intended serve as a resource for the displaced storm victims to search for a new home while they rebuild their lives. This website will be constantly updated as more lists of rental properties available are received.

Get list here: www.arkansasrealtors.com/rentalinfo

Arkansas Realtors is also asking any Arkansans that own vacant rental properties in the affected and surrounding areas to send their property information to rentalinfo@arkansasrealtors.com so they can continue to post available properties for storm victims.

HSU leases building in downtown Hot Springs

HSU leases building in downtown Hot Springs

ARKADELPHIA , Ark. (HSU) – Henderson State University today announced it has leased the Landmark Building in downtown Hot Springs where it will offer upper level courses towards degrees in business and education. The building at 201 Market St. will house several traditional classrooms, seminar rooms, a computer lab, and office space for the director and faculty.

“We have been working towards this for many years, but were unable to make it happen until we got the state appropriation in support of this initiative,” said Dr. Maralyn Sommer, interim provost and vice president for academic affairs at Henderson.

The development extends the partnership with National Park Community College, and brings Henderson’s presence to downtown Hot Springs.

“The ability to lease a building and hire a director has turned our efforts from just a ‘hope and dream’ to a reality,” Sommer said. “This is a very exciting time for both Henderson and the Hot Springs community.

Corps Offers Land for Lease at DeGray Lake

Corps Offers Land for Lease at DeGray Lake

DeGray Lake, Arkansas... If you are interested in leasing land at DeGray Lake, Arkansas, the U.S. Army Corps of Engineers, Vicksburg District will accept sealed bids until 2:00 p.m., Thursday 28 June, 2012 at the Vicksburg District Office at 4155 Clay Street, Vicksburg, Mississippi 39183.

Invitation for Bid (IFB) Number is: DACW38-9-12-63 and covers two tracts.

For bid information or details of contract requirements with the U.S. Government, contact Angela Williams at USACE, Vicksburg District, Real Estate Division, 4155 Clay St., Vicksburg, Mississippi 39183-3435, or phone 601-631-5230.  Maps showing the location and layout of the lands for lease may be picked up or examined by contacting Jeffrey Lockwood at 870-246-5501 Extension 4012.

Arkansas Realtors Association ordered to pay $150k to Springdale company

Arkansas Realtors Association ordered to pay $150k to Springdale company

After a five day trial, a jury returned a verdict at about 10 p.m. on Tuesday night ordering the Arkansas Realtors Association (ARA) to pay $150,000 to a Springdale-based software company.

On May 11 last year, Real Forms Arkansas filed a breach of contract action against the ARA. Real Forms alleged the trade group reneged on a five-year contract to provide custom real estate forms software to Realtors throughout Arkansas. The ARA filed a counterclaim, alleging Real Forms was in breach because the company failed to provide a software package that protected the private data of parties to real estate transactions. Furthermore, the ARA alleged the software did not function properly.

Renting vs. Buying a Home

Renting vs. Buying a Home

(+IDA Info Session)

Monday - May 14 

Southern Bancorp Training Room @ 5:30 p.m. 

Please enter from Main Street entrance, all other doors will be locked that evening. 

Pros and cons to renting your home or buying your home.  You will learn information to help you make sound decisions about your housing situation.  Are you ready to purchase or rent your next home?  We will have discussions on all the hot topics that you will need to know about before you get into your next home

ARA: Housing market bounces back in Arkansas

ARA: Housing market bounces back in Arkansas

Arkansas REALTORS Association Reports Outstanding February
Arkansas Up/Even in Every Tracked Category

IRS offers incentive to first-time homebuyers in Arkansas

IRS offers incentive to first-time homebuyers in Arkansas

The Arkansas Development Finance Authority (ADFA) recently introduced a program that offers a Federal Tax Credit for First-Time-Homebuyers.  It is called the Mortgage Credit Certificate (MCC) Program.  The MCC Program is offered by the Internal Revenue Service to encourage borrowers to buy their first home. 

For borrowers that qualify, if offers them up to a $2,000 Federal tax credit for each year that the house they are buying is used as their principal residence.  To qualify borrowers must be first-time-homebuyers, except in targeted counties; must meet household income limits, which vary by county; and not exceed a purchase price of $225,000.  The MCC is not part of the home financing, but rather an incentive the IRS offers to get first-time-homebuyers to buy a home.