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New Orleans to hold online property auction

9 months 4 days 12 hours ago March 02, 2016 Mar 2, 2016 Wednesday, March 02 2016 March 02, 2016 10:27 AM in News
Source: Associated Press
By: APnewsNow

NEW ORLEANS - The City of New Orleans holds its monthly online auction for adjudicated properties on Wednesday.

From 8 a.m. to 8 p.m., 40 properties are scheduled to be sold throughout the community, where winning bidders will receive full ownership and title insurance for each property.

A property is adjudicated to the city when its property taxes have not been paid and the city is unable to sell the property at a tax sale. All owners of adjudicated properties scheduled for auction have received multiple notices of taxes owed. The city will only auction properties where five years have elapsed from the tax sale certificate filing date.

The online auctions will take place at www.CivicSource.com .

The next auction is scheduled for Wednesday, April 6, where about 25 properties are scheduled for auction.

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