Click here to download the PDF of the flow chart used in today's show.

Disclaimer: We are not legal, real estate, or tax professionals. This show is not a substitute for professional advice. Today's episode is a conversation to help you take greater precautions and avoid the pitfalls of buying a lot inside Hot Springs Village, Arkansas that doesn't have a clear title. As always, buyers should beware!

Here are some important things buyers can do to protect themselves: 

Make the purchase only through a legitimate title company

Do not send the seller money directly

Get a legally clear title by having a title search done and get title insurance



Transcript courtesy of AI (artificial intelligence) technology

0:05

Hey, it's another episode of HSV inside out with my co host, Randy Cantrell, and my good friend, Mr. Jeff Adkins. This is going to be a special episode. And we want to cover some things basically as kind of a consumer information. FYI, Jeff, come in there. What are you thinking?

0:24

Well, we're talking about buying tax, deed sales or tax sell lots in hot springs village. It's something that you and I have a lot of experience with over the years, and we hopefully we can educate the public a little bit on what goes on, and the recent Pewaukee action to purchase a bunch of lots from the Commissioner of state lands, maybe why that was done, and what's the what the future holds? Yeah, and what consumers can do for themselves. Randy, what does this look like from the outside? What do you see this as just a? Well, obviously, the three of us have had some, some conversations. And prior to that, I absolutely knew nothing. So I'm kind of happy that we're doing this disclaimer. None of us are attorneys, you know, I don't have a real estate license. And these we're not talking about homes being sold. So proceed at your own at your own risk. But I think it's great. Because, as you guys have kind of taught me offline from this show. Yeah, the pitfalls are very real. So there's no question that I think, buyer beware, buyer beware. And it just dawned on me, Jeff, between us we have roughly 40 years we met and a lot of people don't know this, we met competing against each other. And we were bidding against each other and whatever. And we had a lot of lessons to learn, I think would be a fair way to put it. And I think that this information, although not professional information, we are not professionals in that way. I'm not a licensed professional or a licensed broker or licensed real estate. But over the days, I bought and sold over 250 lots I'm sure, Jeff, your numbers very close to that too, I would assume. Yeah. Mostly blank. Yeah, mostly.

2:12

I think a lot of people I think more than one realtor, Jeff has told me a collector. So let's just leave it at that, shall we? Yes. Well, but to be fair, to be fair, I can almost guarantee there are people in the audience much like myself that don't even really may not even really know the proper questions to ask and the proper things to just the pitfalls that absolutely could make a dream go south really quickly. It really could. And, Jeff, I think we need to address the elephant in the room here. And that is a lot of times people will say, Well, I can go get up a lot at the county for $500. How long ago did they quit doing that, Jeff? Oh, that was back in 2009. or so. That's been at least a decade. You know, those were pra foreclosure auctions, those were pa initiated lawsuits, to get back lots that the owner had not been paying their assessments on. Those carried a one year right of redemption for the prior owner. But they were good titles, because they were judicial foreclosures after that one year. And if the prior owner wanted the lot back, they reimbursed you all your costs that you'd spent on taxes,

Click here to download the PDF of the flow chart used in today's show.

Disclaimer: We are not legal, real estate, or tax professionals. This show is not a substitute for professional advice. Today's episode is a conversation to help you take greater precautions and avoid the pitfalls of buying a lot inside Hot Springs Village, Arkansas that doesn't have a clear title. As always, buyers should beware!

Here are some important things buyers can do to protect themselves: 

Make the purchase only through a legitimate title company

Do not send the seller money directly

Get a legally clear title by having a title search done and get title insurance



Transcript courtesy of AI (artificial intelligence) technology

0:05

Hey, it's another episode of HSV inside out with my co host, Randy Cantrell, and my good friend, Mr. Jeff Adkins. This is going to be a special episode. And we want to cover some things basically as kind of a consumer information. FYI, Jeff, come in there. What are you thinking?

0:24

Well, we're talking about buying tax, deed sales or tax sell lots in hot springs village. It's something that you and I have a lot of experience with over the years, and we hopefully we can educate the public a little bit on what goes on, and the recent Pewaukee action to purchase a bunch of lots from the Commissioner of state lands, maybe why that was done, and what's the what the future holds? Yeah, and what consumers can do for themselves. Randy, what does this look like from the outside? What do you see this as just a? Well, obviously, the three of us have had some, some conversations. And prior to that, I absolutely knew nothing. So I'm kind of happy that we're doing this disclaimer. None of us are attorneys, you know, I don't have a real estate license. And these we're not talking about homes being sold. So proceed at your own at your own risk. But I think it's great. Because, as you guys have kind of taught me offline from this show. Yeah, the pitfalls are very real. So there's no question that I think, buyer beware, buyer beware. And it just dawned on me, Jeff, between us we have roughly 40 years we met and a lot of people don't know this, we met competing against each other. And we were bidding against each other and whatever. And we had a lot of lessons to learn, I think would be a fair way to put it. And I think that this information, although not professional information, we are not professionals in that way. I'm not a licensed professional or a licensed broker or licensed real estate. But over the days, I bought and sold over 250 lots I'm sure, Jeff, your numbers very close to that too, I would assume. Yeah. Mostly blank. Yeah, mostly.

2:12

I think a lot of people I think more than one realtor, Jeff has told me a collector. So let's just leave it at that, shall we? Yes. Well, but to be fair, to be fair, I can almost guarantee there are people in the audience much like myself that don't even really may not even really know the proper questions to ask and the proper things to just the pitfalls that absolutely could make a dream go south really quickly. It really could. And, Jeff, I think we need to address the elephant in the room here. And that is a lot of times people will say, Well, I can go get up a lot at the county for $500. How long ago did they quit doing that, Jeff? Oh, that was back in 2009. or so. That's been at least a decade. You know, those were pra foreclosure auctions, those were pa initiated lawsuits, to get back lots that the owner had not been paying their assessments on. Those carried a one year right of redemption for the prior owner. But they were good titles, because they were judicial foreclosures after that one year. And if the prior owner wanted the lot back, they reimbursed you all your costs that you'd spent on taxes,

Thanks for following my admonition to come here to download or view the PDF with all the links to the great places Dennis tells us about in the next two shows. This is part one of two. 

CLICK HERE FOR THE DOWNLOADABLE PDF

Thanks for listening. Please tell a friend about our new show!



Here are the links to the places mentioned in today's show. Click that link at the top of the page for a downloadable/printable PDF of this information.

Petit Jean State Park

https://www.arkansasstateparks.com/parks/petit-jean-state-park

Elizabeth Mitchell Church Camp (Camp Mitchell)

https://www.campmitchell.org/

Mather Lodge

https://www.arkansasstateparks.com/parks/petit-jean-state-park/accommodations/mather-lodge

The Museum Of Automobiles

https://www.arkansas.com/morrilton/attractions-culture/museum-automobiles

Petit Jean State Park Hiking Trails

https://www.arkansasstateparks.com/parks/petit-jean-state-park/trails-waterfalls-overlooks

Mount Magazine

https://www.arkansasstateparks.com/parks/mount-magazine-state-park

Flatside Wilderness Area

https://wilderness.net/visit-wilderness/?ID=187

Forked Mountain

http://www.exploretheozarksonline.com/activities/parksnature/nationalforests/ouachita/jessieville/flatside/forkedmountain.html

Forked Mountain Trail

https://www.alltrails.com/trail/us/arkansas/forked-mountain-trail

Jessieville Visitor Information and Ranger Station

http://www.ohranger.com/jessieville-visitor-center

Coleman Brother's crystal mines

https://colemanquartz.com/

https://www.jimcolemancrystals.com/

Ouachita National Forest, Arkansas

https://www.alltrails.com/parks/us/arkansas/ouachita-national-forest

Little Blakely Trail

https://www.alltrails.com/trail/us/arkansas/little-blakely-north-loop

A 2-page PDF map: https://www.fs.usda.gov/Internet/FSE_DOCUMENTS/stelprdb5084314.pdf

Mountain Pine, Arkansas

https://www.arkansas.com/mountain-pine

Lake Hamilton

http://www.lakehamilton.org/

Lake Ouachita

https://lakeouachita.org/

Garvin Woodland Gardens

https://www.garvangardens.org/

Thorncrown Chapel

https://thorncrown.com/

Panther Valley Ranch

https://panthervalleyranch.com/

Hot Springs, Arkansas

https://www.hotsprings.org/

History of Hot Springs, Arkansas

https://www.hotsprings.org/pages/history/

Museums of Hot Springs, Arkansas

https://www.hotsprings.org/pages/museums-attractions/

Historical Radio: KTHS

https://www.arkansasonline.com/news/2008/mar/09/remembering-arkansas-hot-springs-kths-was-20080309/

The Arlington Hotel (see it soon if you can)

https://www.arlingtonhotel.com/

The Waters Hotel

https://thewatershs.com/

The Quapaw Baths & Spa

https://www.quapawbaths.com/our-history

Superior Bathhouse

https://www.superiorbathhouse.com/

The Gangster Museum

https://www.tgmoa.com/

Medical Arts Building

https://abandonedar.com/medical-arts-building/

Hot Springs National Park Aquarium

https://www.nationalparkaquarium.org/

Rolando’s Nuevo Latin Restaurant

https://rolandosrestaurant.com/hot-springs-location/

Thanks for following my admonition to come here to download or view the PDF with all the links to the great places Dennis tells us about in the next two shows. This is part one of two. 

CLICK HERE FOR THE DOWNLOADABLE PDF

Thanks for listening. Please tell a friend about our new show!



Here are the links to the places mentioned in today's show. Click that link at the top of the page for a downloadable/printable PDF of this information.

Petit Jean State Park

https://www.arkansasstateparks.com/parks/petit-jean-state-park

Elizabeth Mitchell Church Camp (Camp Mitchell)

https://www.campmitchell.org/

Mather Lodge

https://www.arkansasstateparks.com/parks/petit-jean-state-park/accommodations/mather-lodge

The Museum Of Automobiles

https://www.arkansas.com/morrilton/attractions-culture/museum-automobiles

Petit Jean State Park Hiking Trails

https://www.arkansasstateparks.com/parks/petit-jean-state-park/trails-waterfalls-overlooks

Mount Magazine

https://www.arkansasstateparks.com/parks/mount-magazine-state-park

Flatside Wilderness Area

https://wilderness.net/visit-wilderness/?ID=187

Forked Mountain

http://www.exploretheozarksonline.com/activities/parksnature/nationalforests/ouachita/jessieville/flatside/forkedmountain.html

Forked Mountain Trail

https://www.alltrails.com/trail/us/arkansas/forked-mountain-trail

Jessieville Visitor Information and Ranger Station

http://www.ohranger.com/jessieville-visitor-center

Coleman Brother's crystal mines

https://colemanquartz.com/

https://www.jimcolemancrystals.com/

Ouachita National Forest, Arkansas

https://www.alltrails.com/parks/us/arkansas/ouachita-national-forest

Little Blakely Trail

https://www.alltrails.com/trail/us/arkansas/little-blakely-north-loop

A 2-page PDF map: https://www.fs.usda.gov/Internet/FSE_DOCUMENTS/stelprdb5084314.pdf

Mountain Pine, Arkansas

https://www.arkansas.com/mountain-pine

Lake Hamilton

http://www.lakehamilton.org/

Lake Ouachita

https://lakeouachita.org/

Garvin Woodland Gardens

https://www.garvangardens.org/

Thorncrown Chapel

https://thorncrown.com/

Panther Valley Ranch

https://panthervalleyranch.com/

Hot Springs, Arkansas

https://www.hotsprings.org/

History of Hot Springs, Arkansas

https://www.hotsprings.org/pages/history/

Museums of Hot Springs, Arkansas

https://www.hotsprings.org/pages/museums-attractions/

Historical Radio: KTHS

https://www.arkansasonline.com/news/2008/mar/09/remembering-arkansas-hot-springs-kths-was-20080309/

The Arlington Hotel (see it soon if you can)

https://www.arlingtonhotel.com/

The Waters Hotel

https://thewatershs.com/

The Quapaw Baths & Spa

https://www.quapawbaths.com/our-history

Superior Bathhouse

https://www.superiorbathhouse.com/

The Gangster Museum

https://www.tgmoa.com/

Medical Arts Building

https://abandonedar.com/medical-arts-building/

Hot Springs National Park Aquarium

https://www.nationalparkaquarium.org/

Rolando’s Nuevo Latin Restaurant

https://rolandosrestaurant.com/hot-springs-location/

Alanna Owen (pictured with husband, Daniel, co-owner of Melinda's) is our guest today. She grew up in and around restaurants. From Waco, Texas to Hot Springs Village, Arkansas, Alanna is another successful entrepreneur who brought her expertise to become owner/operator of Melinda's Café & Coffee.

We'll warn you. When you visit their website and see the pictures, you're going to start salivating. Located just outside the West Gate of the Village (3901 Hwy 7 North, Hot Springs Village AR 71909), Melinda's specializes in artisan coffee and gourmet café cuisine.  Visit Melinda's for breakfast, lunch, or a snack. They also have a thriving catering business --- and they also have a Friday night takeout (check it out here). I'm craving the meatloaf. ;)

Enjoy our conversation with Alanna.

 

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• Tell Your Friends About Our Show!

Alanna Owen (pictured with husband, Daniel, co-owner of Melinda's) is our guest today. She grew up in and around restaurants. From Waco, Texas to Hot Springs Village, Arkansas, Alanna is another successful entrepreneur who brought her expertise to become owner/operator of Melinda's Café & Coffee.

We'll warn you. When you visit their website and see the pictures, you're going to start salivating. Located just outside the West Gate of the Village (3901 Hwy 7 North, Hot Springs Village AR 71909), Melinda's specializes in artisan coffee and gourmet café cuisine.  Visit Melinda's for breakfast, lunch, or a snack. They also have a thriving catering business --- and they also have a Friday night takeout (check it out here). I'm craving the meatloaf. ;)

Enjoy our conversation with Alanna.



• Join Our Free Email Newsletter

• Subscribe To The Podcast Anyway You Want

• Subscribe To Our YouTube Channel (click that bell icon, too)

• Join Our Facebook Group

• Tell Your Friends About Our Show!

NOTE: You'll hear lawncare work happening in the background. ;) It was yardwork day at Dennis' place when we recorded so we hope you enjoy the occasional weed-whacker sound, lawnmower and various other sounds. This is real-world podcasting! Every podcaster can relate to how quiet things are UNTIL you hit record.

Big doings this weekend - July 4th holiday weekend.

The Hot Springs Village Property Owners Association has organized, with the help of various other civic groups, the STARS and STRIPES 4th OF JULY CELEBRATION. You can click that image below for a downloadable/printable image of the festivities.

Click the image above for a downloadable/printable image.

Click here, or the image below, for even more details.

Click the image above for more details.

Dennis tells us about this 82-year old video (circa 1939) that was cleaned up and restored from the original, which might have otherwise been lost. It's a historical video that is worth watching!



We end today's show with a segment, Get To Know Us. Dennis and I answer a few questions that give you some insights into who we are.

Thanks for watching and listening. Tell a friend.

• Join Our Free Email Newsletter

• Subscribe To The Podcast Anyway You Want

• Subscribe To Our YouTube Channel (click that bell icon, too)

• Join Our Facebook Group

• Tell Your Friends About Our Show!

NOTE: You'll hear lawncare work happening in the background. ;) It was yardwork day at Dennis' place when we recorded so we hope you enjoy the occasional weed-whacker sound, lawnmower and various other sounds. This is real-world podcasting! Every podcaster can relate to how quiet things are UNTIL you hit record.

Big doings this weekend - July 4th holiday weekend.

The Hot Springs Village Property Owners Association has organized, with the help of various other civic groups, the STARS and STRIPES 4th OF JULY CELEBRATION. You can click that image below for a downloadable/printable image of the festivities.

Click the image above for a downloadable/printable image.

Click here, or the image below, for even more details.

Click the image above for more details.

Dennis tells us about this 82-year old video (circa 1939) that was cleaned up and restored from the original, which might have otherwise been lost. It's a historical video that is worth watching!



We end today's show with a segment, Get To Know Us. Dennis and I answer a few questions that give you some insights into who we are.

Thanks for watching and listening. Tell a friend.

• Join Our Free Email Newsletter

• Subscribe To The Podcast Anyway You Want

• Subscribe To Our YouTube Channel (click that bell icon, too)

• Join Our Facebook Group

• Tell Your Friends About Our Show!

Clara Nicolosi joins us today. Clara is the broker/owner of RE/MAX of Hot Springs Village.

Growing up in Florida, Clara was a "beach rat," constantly in and around the water. That prompted entrance into the Coast Guard. Most of us think of search and rescue when we think of the U.S. Coast Guard. But that's not the path Clara's 18-year Coast Guard career took. Instead, she specialized in aids to navigation (think buoys and lights on the water). Clara eventually was tasked to oversee some of our nation's lighthouses. She is also an expert knot-tier. ;)

About 18 years ago Clara moved to Hot Springs Village, Arkansas and accepted the career advice, "You should consider real estate." Success followed her hard work and determination. Eventually, she became the owner/broker of RE/MAX in Hot Springs Village.

You can find out more by visiting the website, HotSpringsVillageHouses.com. Looking for nightly rentals, visit VillageNightlyRentals.com. For long-term rentals go to HSVRentalHomes.com. As you can see, Clara and her team have all the bases covered.

Enjoy the show.

• Join Our Free Email Newsletter

• Subscribe To The Podcast Anyway You Want

• Subscribe To Our YouTube Channel (click that bell icon, too)

• Join Our Facebook Group

• Tell Your Friends About Our Show!

Clara Nicolosi joins us today. Clara is the broker/owner of RE/MAX of Hot Springs Village.

Growing up in Florida, Clara was a "beach rat," constantly in and around the water. That prompted entrance into the Coast Guard. Most of us think of search and rescue when we think of the U.S. Coast Guard. But that's not the path Clara's 18-year Coast Guard career took. Instead, she specialized in aids to navigation (think buoys and lights on the water). Clara eventually was tasked to oversee some of our nation's lighthouses. She is also an expert knot-tier. ;)

About 18 years ago Clara moved to Hot Springs Village, Arkansas and accepted the career advice, "You should consider real estate." Success followed her hard work and determination. Eventually, she became the owner/broker of RE/MAX in Hot Springs Village.

You can find out more by visiting the website, HotSpringsVillageHouses.com. Looking for nightly rentals, visit VillageNightlyRentals.com. For long-term rentals go to HSVRentalHomes.com. As you can see, Clara and her team have all the bases covered.

Enjoy the show.

• Join Our Free Email Newsletter

• Subscribe To The Podcast Anyway You Want

• Subscribe To Our YouTube Channel (click that bell icon, too)

• Join Our Facebook Group

• Tell Your Friends About Our Show!