New Orleans’ new online-auction system for tax-adjudicated properties went online Friday and was greeted by a flurry of action from potential buyers.
Since a previous guide to the auction was posted, readers have posted new questions and some fundamental aspects of the program have changed, notably the “guarantee” of title insurance.
A company is asking the Rapides Parish Police Jury to join some other government agencies in Louisiana in letting the company handle the sale of adjudicated properties to collect delinquent taxes.
While there would be no cost to the Police Jury, the process would increase the cost to those buying the properties. In return, the new owners would have clear titles, something they do not get now, a company representative said.
NEW ORLEANS – For the first time ever, New Orleans will hold an online auction for nearly 1,800 properties across the city that have become delinquent. The full list of available properties will be made live at noon Friday March 6, and the first online auctions are expected take place in the summer.
Winning bidders will be given full ownership of the property with guaranteed title insurance. This is the City’s first adjudicated property sale in many years, and it is the City’s first time using an online auction to sell adjudicated properties.
Thousands of properties taken over by the city because of unpaid taxes will be offered for sale at auction this summer, senior officials in Mayor Mitch Landrieu’s administration said Monday.
The city intends to put more than 3,000 “tax-adjudicated” properties, mostly vacant lots, on the auction block beginning in July.
The properties will be those that previously went unsold in a tax sale and, as a result, became the property of the city. Only properties that have been in the city’s control for at least five years will be sold.
Orleans Parish, LA – September 8, 2014 – From September 9, 2014 through September 11, 2014 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 1500 properties are slated to go to sale ranging in price from $300 to $602,000. The 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.
These auctions 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.
JEFFERSON PARISH, LA – June 17, 2014 – On June 18, 2014, the City of Gretna 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 50 properties are slated to go to sale ranging in price from $260 to $12,000. 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.
These auctions 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.
LAFOURCHE PARISH, LA – June 10, 2014 – On June 11, 2014, the Lafourche Parish Sheriff and the City of Thibodaux will host Tax Title Sales at www.CivicSource.com. By hosting the sales online, bidders that would not normally be able to attend the auction in person are still able to participate.
Currently over 100 properties are slated to go to sale ranging in price from $170 to $6,000. The sales are 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.
These auctions 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.
IBERIA PARISH, LA – June 9, 2014 – From June 10, 2014 through June 12, 2014, the Iberia Parish Sheriff, the City of New Iberia, and the Village of Loreauville will host Tax Title Sales at www.CivicSource.com. By hosting the sales online, bidders that would not normally be able to attend the auction in person are still able to participate.
Currently over 300 properties are slated to go to sale ranging in price from $170 to $32,000. The sales are 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.
These auctions 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.
WASHINGTON PARISH, LA – June 3, 2014 – On June 4, 2014 the City of Bogalusa 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 50 properties are slated to go to sale ranging in price from $200 to $6,300. The 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.
These auctions 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.