LaPlace, La. (Nov. 10, 2016) – On Thursday, November 17, at 6:30 p.m., St. John the Baptist Parish District Attorney’s Office will partner with CivicSource to hold an educational seminar on purchasing tax adjudicated real estate at the St. John Parish Library LaPlace Branch located at 2920 Hwy 51. The event is free and open to the public. Interested citizens will learn how to purchase tax adjudicated real estate with title insurance at an average starting price of $5,000.
St. John the Baptist Parish is taking the necessary steps to sell adjudicated properties through a new online auction process. The properties are those that previously went unsold in a tax sale, and as a result, became adjudicated to the parish. St. John the Baptist Parish is collaborating with CivicSource to auction the tax delinquent properties. The sales will place these properties back on the tax rolls, return them to commerce and generate significant, recurring annual tax revenues to the parish.
St. John the Baptist Parish District Attorney Bridget Dinvaut said anyone interested in owning property in St. John Parish is encouraged to browse the online property inventory and take advantage of this unique opportunity.
There is a complete listing of qualified adjudicated properties on CivicSource.com where investors nominate properties for auction through a deposit of $850. The online auction replaces the traditional adjudication sale held at the Courthouse where participants were required to be present during the auction process. By hosting the sale online, bidders who would not normally be able to attend the auction in person are still able to participate from their homes or places of business.
CivicSource has already proven successful in other communities across the state. Since launching last year, the auctions have collected nearly $20 million in unbudgeted revenue through the sale of over 1,000 properties. If you would like to attend the investment seminar for St. John the Baptist Parish tax adjudicated real estate, email your RSVP to RSVP@CivicSource.com.
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