Franklin City Government to Conduct Online Tax Title Sale

FRANKLIN, LA – APRIL 25, 2011 – From 8am CST May 3rd through 8pm May 5th, 2011, the Franklin City Government will host a Tax Title Sale online at www.CivicSource.com. This is the Franklin City Government’s first year conducting online tax sales with the hopes of having success similar to those of other Louisiana cities and parishes.

By hosting the sale online, bidders that would not normally be able to attend the auction in person are still able to participate. The increased participation leads to higher collection of local tax revenues.

Currently over 70 properties are slated to go to sale ranging in price from $190 to $2,300. 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. 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. More and more investors are becoming aware of the excellent potential of purchasing tax titles at government auctions. With the creation of online venues like CivicSource Auctioneer, it is becoming even more popular because it opens up the auction to investors all across the country. If you are looking for somewhere to participate in online tax sales, visit www.civicsource.com, the Property Auction Authority.

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.

Archon Announces Launch of New Online Property Auction Website

New Orleans, LA – May 18, 2010 – Archon has developed the definitive tool set for tax collectors and financial institutions to manage their collections and property inventory. Among these tools is the online property auction software, CivicSource Auctioneer™, which electronically manages every aspect of a tax lien or property auction, including registration, browsing, bidding and payment processing.

CivicSource Auctioneer™ is completely online, allowing a tax collector to host a tax lien or deed sale or adjudicated property auction via the Internet quickly, easily and without the time and resources traditionally used for a live auction.

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Caddo Parish Sheriff & City of Shreveport to Conduct Online Tax Title Sale

CADDO PARISH, LA – May 16, 2011 – From May 17th to May 19th, 2011 the Caddo Parish
 Sheriff and City of Shreveport Government will host Tax Title Sales 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 4000 properties are slated to go to sale ranging in price from $30 to $41,000.
 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.

For media inquires contact Brian Danos at brian.danos@civicsource.com or call (504) 708-
4313.

Iberia Parish to Conduct Online Adjudicated Property Sale

Iberia Parish, LA – March 16, 2011 – From 8am CST March 15th through 5pm March 17th, 2011, the Iberia Parish Government will host an adjudicated property sale online at civicsource.com. The sale is open to the general public. Registration is free and interested parties may register online at civicsource.com, where a current list of properties offered is now available. Parish leaders believe hosting the sale online will lead to increased participation by bidders, which in turn will have a positive impact on local tax revenues.

Adjudicated properties are those properties that have outstanding delinquent taxes and failed to sell in previous tax sales. The Adjudication Sale is a high-bid wins style auction in which the winning purchaser receives a Non-Warranty Cash Sale Certificate for the property from the Parish.

Winning bidders 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.

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 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 http://www.civicsource.com.
For media inquires contact Brian Danos at brian.danos@civicsource.com or call (504) 708-4313.

N.O. to hold its first online tax sale

November 24, 2007 – Times Picayune – N.O. to hold its first online tax sale

New Orleans officials announced they will hold the city’s first online tax sale Monday at 8 a.m. The sale is scheduled to wrap up Wednesday at 8 p.m. unless the roughly 2,500 properties on the list are sold before that.

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Used with permission of The Times-Picayune and NOLA.com.