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City of New Orleans to Conduct Online Tax Title Sale

ORLEANS PARISH, LA – September 21, 2012 – From September 25th to September 27th the City of New Orleans will host a tax title sale at www.CivicSource.com. By hosting the sale online, bidders that would not normally be able to attend the auction in person are still able to participate.

Currently over 4,000 properties are slated to go to sale ranging in price from $215 to $417,000. This sale is open to the general public. Free registration and a list of available properties are now available at www.civicsource.com.  Interested parties without access to a computer can participate in the auction via kiosks to be set up in City Hall on auction days.

A tax title sale is the sale of delinquent taxes on a real estate property tax bill. The tax titles for these properties are sold to the public for the amount of the delinquent taxes due, plus any accrued interest, penalties, costs and other statutory impositions. The tax title sale is a low-bid wins style auction in which the property is sold to the purchaser willing to bid on the least percent ownership interest in the property.

Winning bidders do not immediately own the property.  The property owner can redeem the property by repaying the tax collector only for the purchase price, plus redemption penalty and interest.  If the property is not redeemed within three years (eighteen months for legally blighted properties) the tax title holder can pursue the property’s title.

Winning bidders of the tax sale are expected to pay for their purchases within 72 hours of the close of the auction. Payment must be made in one installment and all sales are final.

This auction can be viewed on the CivicSource.com website. Using the convenient search options, bidders can set the parameters for any property that falls within their interests and budget.

ABOUT CIVICSOURCE.COM

CivicSource Auctioneer®, a product of Archon Information Systems, is an online tax sale application, which allows municipalities to effortlessly host a tax sale via the Internet. With CivicSource Auctioneer®, every aspect of the online tax sale, including registration, browsing, bidding and payment processing, is electronically managed and implemented to meet the specific legal requirements set forth by local legislation. For more information call (888) 387-8033 or visit www.civicsource.com.

 

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Iberia Parish Sheriff to Conduct Online Tax Title Sale

IBERIA PARISH, LA – September 18, 2012 – On September 19th the Iberia Parish Sheriff will host a tax title sale at www.civicsource.com. By hosting the sale online, bidders that would not normally be able to attend the auction in person are still able to participate.

Currently 9 properties are slated to go to sale ranging in price from $300 to $3,430. This sale is open to the general public. Free registration and a list of available properties are now available at www.civicsource.com.

A tax title sale is the sale of properties that have delinquent taxes due. The tax titles for these properties are sold to the public for the amount of the delinquent taxes due, plus any accrued interest, penalties, costs and other statutory impositions. The tax title sale is a low-bid wins style auction in which the property is sold to the purchaser willing to bid on the least percent ownership interest in the property.

Winning bidders of the tax sale are expected to pay for their purchases within 72 hours of the close of the auction. Payment must be made in one installment and all sales are final.

This auction and all future tax sales can be viewed on the civicsource.com website. Using the convenient search options, bidders can set the parameters for any property that falls within their interests and budget.

ABOUT CIVICSOURCE.COM

CivicSource Auctioneer®, a product of Archon Information Systems, is an online tax sale application, which allows municipalities to effortlessly host a tax sale via the Internet. With CivicSource Auctioneer®, every aspect of the online tax sale, including registration, browsing, bidding and payment processing, is electronically managed and implemented to meet the specific legal requirements set forth by local legislation. For more information call (888) 387-8033 or visit www.civicsource.com.

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Archon Information Systems Recognized on Inc. 500|5000 List of America’s Fastest Growing Companies

New Orleans, LA (PRWEB) September 11, 2012

Archon Information Systems L.L.C., a leading provider of delinquent property auction and tax collection software, headquartered in New Orleans, was recently recognized for its substantial growth by being named to Inc. Magazine’s 500|5000 list of “America’s Fastest Growing Companies.” Because of a three-year growth rate of 525 percent, they ranked 681st out of 5,000 nationally, and were the fourth fastest growing company in Louisiana.

“We have been fortunate to find incredible team members dedicated to providing our customers with unparalleled service. They have been the key to our success,” said Archon Information System’s co-founder and Chief Technology Officer, William Sossamon.

Archon was founded with a strong talent base, and they quickly garnered prestigious recognition soon after opening their doors. They now join growing and thriving businesses like Yelp, GiftCards.com, and Chobani Yogurt on the Inc. Magazine list.

Founded in January 2008, Archon grew from a core staff of three native New Orleanians into the booming operation that it is today. Sossamon, Chief Executive Officer Bryan Barrios, and Chief Operations Officer Beau Button grew the company by consistently delivering innovative, comprehensive treasury management and tax collection software solutions to governmental agencies. Their success in these endeavors has led to an increasingly positive reputation, especially in Louisiana.

The East Baton Rouge Parish Sheriff’s office recently announced some impressive results to their partnership with Archon. According to local officials, the parish collected 99.96 percent of the property tax revenue that was owed to them, an astonishingly high number.

The Sheriff’s office worked with CivicSource, Archon’s tax platform, to bring its tax sale auctions online. By digitizing the pre-sale processing, and reaching out to a global online marketplace, the parish was able to increase their collection revenues exponentially.

In the past few years, Archon has recorded a number of success stories like this and sustained their growth by creating high quality products like CivicSource, and attracting talented people who were looking for New Orleans programming jobs that demanded creativity, diverse knowledge, and a passion for the work at hand.

Due to the company’s commitment to maintaining the highest ethical standards, and offering quality products, services, and counsel on tight deadlines, more and more clients will seek their expertise in the coming years.

ABOUT CIVICSOURCE.COM
CivicSource Auctioneer®, a product of Archon Information Systems, is an online tax sale application, which allows municipalities to effortlessly host a tax sale via the Internet. With CivicSource Auctioneer®, every aspect of the online tax sale, including registration, browsing, bidding and payment processing, is electronically managed and implemented to meet the specific legal requirements set forth by local legislation. For more information about this application and our tax collection software, call (888) 387-8033 or visit civicsource.com.