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Arkansas Foreclosure Expert Steven Blackwood shares insider information on purchasing foreclosure properties


Steven Blackwood is no stranger to Arkansas real estate. Team leader of theBlackwood Team and Director of Arkansas REO Network, the Arkansas native hasdevoted his entire career to real estate and is well respected and nationally recognizedfor his knowledge and expertise in the industry.Known for his ability to accurately assess and successfully resolve the most difficultand challenging situations faced in today’s market, Steven Blackwood has becomeone of the most trusted and reliable resources in the Default Servicing industry. A most impressive list of clientele including Fannie Mae, HUD Pemco, HUD Home Telos, Bank of America, Wells Fargo and many others rely on Blackwood for the management and disposition of properties throughout Arkansas. Foreclosures are at an all-time high and Blackwood explains that all indications are that the trend will continue at least for the next few years. With such comes an unprecedented opportunity to purchase foreclosure properties in Arkansas.Blackwood explains that the purchase of Foreclosures and other distressed properties is very different than that of other real estate purchases. “We see a number of missed opportunities, most of which result in disappointed buyers and frustrated agents.”When asked what the expert could tell us to benefit those interested in purchasing foreclosures, Blackwood shared the following:
FIRST THINGS FIRST – Blackwood explains that the biggest cause for buyers missing out on properties is that of not being prepared to buy. All sellers in today’s market should be assured of the buyers ability to purchase before they consider an offer or enter into a contract with the buyer. Proof of Funds and/or Confirmation of Financing is the first requirement and a top priority if one wants to make an offer to purchase. A complete file is necessary for any agent to successfully negotiate and secure a fore - closure property for their client. The VALUE provided by a knowledgeable agent can be the difference of a buyer getting a home or missing the opportunity. Do not skip this crucial first step. provides our clients with an opportunity to jump start the process. PRIORITY NOTIFICATION - Self searching on the internet is common and our industry has embraced the benefits the internet provides to market properties, but knowing which sites to use for up-to-date information is important in order to avoid frustration when searching for available properties. The majority of websites post
properties through some sort of syndication process which extracts data from one source and places it elsewhere. The process sometimes takes several days and often times the information is not reliable. If you are depending on a third-party website for

information about availability, chances are you are missing out. The best deals go fast. You must position yourself to be the first to know about the properties as they become available. Our PRIORITY NOTIFICATION program provides you with an immediate notice whenever foreclosures and other properties become available. The service provides Blackwood Team clients instant notification of the property and its availability, allowing the client to act quickly if the property meets their criteria. The program is personalized for each Buyer Client and specific to his or her needs. The service is free of charge and you can register online at
- Foreclosure properties sell. Correctly priced properties sell quickly. Multiple offers are very common, often resulting in a sale price for an amount greater than the list price. Other foreclosures average selling for 98.4% of the listing price. Understanding market value is important. Don't risk missing out on the purchase of a property by making an unrealistic offer “to see how they respond.” Low ball offers do not work when purchasing foreclosure properties. More often than not, a buyer who makes a ridiculously low offer will miss out on the property through the process. Knowledgeable representation is priceless, especially in the purchase of foreclosures. If the property is priced right, buy it. Find an agent who will work to position you in the greatest possible advantage to make your purchase. Blackwood Team agents are seasoned experts at securing properties for our clients at the best price and terms available. Our Buyer Satisfaction Guarantee provides buyers the confidence to proceed aggressively with their purchase. Details and information on our Buyers’ Guarantee is available at
Steven Blackwood has taken it upon himself to educate his colleagues and the con -sumer on the foreclosure process. His passion for his profession is evident with the delivery of his enthusiastic presentations, all of which are packed with powerful information. Blackwood's Home Buyer Seminars, Investor Workshops and Broker/Agent trainings are presented, throughout Arkansas at no cost or obligation. A current schedule and more information is available at or call 888-597-3332 to arrange training in your area.
TOP TIP will provide you with a powerful insider tip that will help you in your pursuit to successfully purchase foreclosure properties. Access to Blackwood's "Top Tip" is available online where you will find more information shared by the Arkansas Foreclosure Expert, at Click Here for Steven's Top Tip! .

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