Foreclosures can be the best way to purchase a home. They cost a lot less because the bank wants to sell them quickly and make money off of them. Sometimes foreclosures are move-in ready. Other times, they need some fixing up first. The fixer-uppers are even cheaper, if you don't mind putting in the work. Arkansas has some amazing foreclosures for sale; some are as little as $10,000 for a 2 bedroom home and $25,000 for a four bedroom.
You may also be interested in seeing all Arkansas homes for sale.