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Adjudicated properties in New Orleans available for auction

NEW ORLEANS (WVUE) –

The City of New Orleans will make more than 185 properties in the parish available for auction starting Tuesday. It’s part of the city’s push to reduce blight and bring vacant properties back into commerce.

When property taxes are not paid and become delinquent, the city holds tax sales for these properties. Unsold properties at a tax sale are adjudicated to the City of New Orleans. After three years, the city can offer the full title of these properties for sale at auction.

The properties were previously offered in tax sales with no bidders and have reached the three-year threshold. The properties will now be offered with full titles.

According to a release from the city, it has returned 770 properties to commerce and brought in over $14.5 million through its adjudicated property auction program. Additionally, 89 adjudicated properties were redeemed by homeowners returning $2.8 million in delinquent taxes to the City. The adjudicated properties that have failed to sell at a previous tax sale are now being offered to investors at a starting bid of the property’s closing costs. All properties come with full ownership and title insurance.

Here’s how the process works.Investors can nominate these properties for auction, along with any of the 900 properties currently listed, by placing an $850 deposit at CivicSource.com.

Once legal compliance work is completed, nominated properties will be scheduled for the next available auction, which takes place online the first Wednesday of each month. Current owners of adjudicated properties will be notified as the auction draws near so they can choose to pay taxes and fees owed on a property to cancel the sale.

The City and CivicSource will host a series of community information sessions during the month of August to provide comprehensive training on all aspects of purchasing adjudicated property with title insurance. The events are free and open to the public. To RSVP for any of the following information sessions, please visit events.CivicSource.com.

• Tuesday, August 1 at 6:30 p.m.
   Propeller Incubator – 4035 Washington Ave., New Orleans, LA 70125

• Wednesday, August 2 at 6:30 p.m.
   New Orleans Public Library – 219 Loyola Ave., New Orleans, LA 70112

• Tuesday, August 22 at 6:30 p.m.
   This session will be in both English and Spanish
   Mid-City Library – 4140 Canal St., New Orleans, LA 70119

For more details you can log on to the City of New Orleans’ website at www.nola.gov

Copyright 2017 WVUE. All rights reserved.

View original article here.

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St. Charles Parish Partners with CivicSource to Auction Tax-Delinquent Real Estate

HAHNVILLE, La.– St. Charles Parish is updating its adjudicated property auction processes by implementing the proven technologies of CivicSource, the leading online auctioneer of tax-distressed real estate. The new online auction system will be an invaluable asset to the Parish Government, improve existing protections for homeowners and provide tremendous benefits to St. Charles Parish property investors. CivicSource will present on the new auction process at the St. Charles Parish Council meeting on July 31, 2017, at 6:00 P.M., located at 15045 River Road in Hahnville, Louisiana.

CivicSource specializes in digitized due diligence, ensuring all homeowners, heirs and persons of interest affiliated with a tax-delinquent property have been adequately notified and given ample opportunity to redeem a property before it qualifies for an adjudicated property auction. All tax-delinquent adjudicated properties for sale at CivicSource.com went unsold in a tax sale and have not been redeemed.

St. Charles Parish’s new, technology-driven property auctions will take place online at CivicSource.com, allowing bidders to conduct property research and participate in the auction from any internet-ready device whether at home, work or a public facility. CivicSource.com offers numerous innovative investor tools including access to auction legal research, integrated Google and GIS parcel maps, a proxy bidding feature, customizable watch lists and a sliding close function preventing last-second, online bid sniping.

The digitized legal compliance and online tax-delinquent real estate auctions provided by CivicSource will help St. Charles Parish restore significant, annually recurring revenues to the Parish from property taxes that had previously gone unpaid. “The partnership between St. Charles Parish and CivicSource will help return previously vacant land and properties back to use and commerce,” explains Michael Albert, Director of Planning and Zoning for St. Charles Parish. “This program saves taxpayers money on maintenance costs and provides opportunities for current and future residents to build homes and businesses in the Parish at very affordable rates.”

Visit CivicSource.com to view a complete listing of qualified tax-distressed adjudicated properties or to nominate properties for auction through a deposit of $850. The properties are listed for $0 plus closing costs. Both commercial and residential properties are available for purchase. To register for a virtual information session on purchasing adjudicated properties, visit  events.CivicSource.com.

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Clay County Partners with CivicSource to Auction Tax-Delinquent Real Estate and Host Investor Information Session

LIBERTY, Mo. – The Clay County Collector’s Office will pioneer Missouri’s first online tax sale by implementing the proven technologies of CivicSource, the leading online auctioneer of tax-distressed real estate. The new online auction system will be an invaluable asset to the Collector’s Office, improve existing protections for homeowners and provide tremendous benefits to Clay County tax sale investors.

CivicSource specializes in digitized due diligence, ensuring all homeowners, heirs, and persons of interest affiliated with a tax-delinquent property have been adequately notified and given ample opportunity to redeem the property before it qualifies for a tax sale auction. Every notification document associated with any tax-delinquent property in Clay County is tracked, recorded, and made available to the public on CivicSource.com.

The services provided by CivicSource will help the Clay County Collector’s Office with its vital responsibility to restore significant, annually recurring revenues to the County from taxes that had previously gone unpaid. “As a first-class county, Clay faces many unique challenges in conducting its tax sale,” says Clay County Tax Collector Lydia McEvoy. “This partnership between the Clay County Collector’s Office and CivicSource will provide enhanced opportunities for investors, while offering stronger protections for homeowners and more efficient returns for our taxing jurisdictions.”

Clay County’s new, technology-driven tax sale will take place online at CivicSource.com, allowing bidders to conduct property research and participate in the tax sale from any internet-ready device whether at home, work, or a public facility. CivicSource.com offers numerous innovative tax sale tools including access to auction legal research, integrated Google and GIS parcel maps, a proxy bidding feature, investor-customized watch lists, and a sliding close function preventing last-second, online bid sniping.

On Wednesday, August 9, 2017, at 6:30 P.M., the Collector’s Office and CivicSource will cohost a community information session on how to participate in tax-delinquent property auctions. The session will take place at Restoration 1894, located at 1 East Kansas Street in Liberty, Missouri. The event is free and open to the public. Comprehensive training on all aspects of bidding at the 2017 tax sale auction will be covered. To reserve a seat for the information session, please visit events.CivicSource.com.

Those interested in acquiring Clay County tax sale real estate can view eligible properties at CivicSource.com. A video with step-by-step instructions on how to complete the required registration process to bid at the 2017 tax sale is available at Missouri.CivicSource.com. All participants must be registered by noon on Friday, August 25, 2017, to bid in the tax sale on Monday, August 28, 2017, beginning at 10:00 A.M.

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CivicSource Featured on Unlisted NOLA Podcast

You don’t have to drive very far in New Orleans  – usually about a block or two will do it – to find a blighted, abandoned house in even the nicest neighborhood. The reason most of these properties remain rundown when they’re in an awesome location is they are mired in years of red tape that’s been created by unpaid property taxes. On this edition of Unlisted NOLA Ariana introduces Stephen Morel from CivicSource, a revolutionary new way to get your hands on blighted property that is not only super easy, it’s super cheap and super sorted out so you won’t have any legal reverberations after you fix up your fixer-upper. This actually might be the best kept real estate secret in New Orleans.

Listen to the Unlisted NOLA podcast to learn more!

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Learn How to Invest in Adjudicated Real Estate

CivicSource is hosting a series of information sessions on investing in Louisiana adjudicated property. Auctions start at $0 for the property, you just pay the closing costs. Come learn how to capitalize on this exceptional opportunity at one of the following information sessions in July:

Visit our events page to RSVP for an upcoming information session near you.