Bastrop’s adjudicated property may soon be sold in online auction

Bastrop Daily Enterprise

The Bastrop Mayor and Board of Aldermen meet in their regular monthly meeting Thursday night in Bastrop. Among the items discussed, was a presentation by Stephen Morel of CivicSource, a New Orleans company that hosts online auctions for adjudicated properties throughout the state. According to it’s website CivicSource “is the leading auctioneer of tax-distressed real estate. From tax sales to adjudicated property auctions, CivicSource digitizes due process compliance to ensure legally valid sales.”

CivicSource would list tax delinquent, adjudicated properties on it’s website, and hold online auctions to sale the properties. While the delinquent taxes are not a part of the process, by selling these adjudicated properties, the City would once again have them on the tax rolls and begin receiving tax revenue from them. Read More