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72751 : Real Estate Advice

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  • Local Info0
  • Home Buying2
  • Home Selling0
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Activity 4
Fri Jan 17, 2014
Nicole M. Chervenyak answered:

Here is a link to the homes that are currently available in Pea Ridge for under $50,000.

Click the link above to view. If after clicking the link, your Internet browser does not launch, right click on the link and Copy the Shortcut. Then paste the Shortcut into your browser's Address Field. There are arrows once the page opens on the top left of the page to navigate between the listings.

Are you interested in the surrounding areas? Such as Garfield, Gateway?

I would be glad to set your email address so that it receives any NEW properties that come up on the market in Pea Ridge for $50,000 or less, if you're interested please email at If I can help in anyway please feel free to call 479-633-3708 or email me. Good luck to you!

Nicole M. Chervenyak
... more
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Sat Jul 6, 2013
Tim Moore answered:
You have a home and a loan on it (it does not matter what type of loan) and you want to build a new home and get another loan. So let's think about this. You want to tear down a house that has a loan on it to build another home. There is a condition of the current loan that says you will take care of the current home that has the loan, I think tearing it down will violate that condition and force you to pay the loan in full. Can you? Likely not without selling the home. So maybe you are asking to get another loan to upgrade the current home. This would be a FHA 203K which is a renovation loan. Speak to your current FHA lender about a 203K loan. The upgrade will have to add enough value to make the home appraise for more than the amount you borrow. It might not be as easy as it sounds. ... more
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Sun Feb 5, 2012
Mjjjflick answered:
Just wanted to update: We met with lawyer and there are so many conflicts in the contract. Lawyer said we would have to let a judge sort it out. We arent to that point of walking away we really love this house. Also we are locked into the 2 year contract so we will have to be patient and wait this out. Thank you all for your advice. this gives us peace of mind to know where we stand. ... more
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