New Orleans to Hold Online Tax Certificate Sale

NEW ORLEANS — Today, the City of New Orleans announced it will hold an online tax certificate sale as part of its continuing efforts to collect delinquent real estate taxes. The online auction will be active Tuesday, July 21, through Thursday, July 23.

A tax certificate sale is the sale of properties that have delinquent taxes due. Investors purchase the tax sale certificate by paying the amount of outstanding delinquent taxes and other statutory impositions. Property owners have a three-year redemptive window in which to pay the investor the delinquent amount, an immediate 5% penalty plus an additional 1% for every month since the filing of the tax certificate.

More than 1,300 properties with taxes due Jan. 31, 2019 or earlier are scheduled to go to sale in the auction, which is open to the general public. Free registration and a list of available properties are available at www.civicsource.com.

- Sponsors -

Winning bidders of the tax sale are expected to pay for their purchases within 48 hours of the close of the auction. Payments must be made in one installment and all sales are final. 

This auction can be viewed on the www.civicsource.com external link. Using the search options, prospective bidders can set the parameters for any property that falls within their interests and budget.

Individuals without immediate access to a computer may participate in the auction via kiosks that will be set up on the first floor of City Hall during normal business hours on auction days.

- Partner Content -

Entergy’s Energy Smart Program Brings Cost Conscious Innovation to New Orleans

Offering comprehensive energy efficiency at no cost to the consumer, Entergy’s Energy Smart program incentivizes Entergy New Orleans customers to perform energy-saving upgrades in...

For property owners who would like to make a payment to remove their property from the sale, due to COVID-19 restrictions you may pay online until the sale begins on July 21. On the days of the sale, July 21 through 23, please visit the Treasury Bureau on the first floor of City Hall on weekdays from 8 a.m. to 5 p.m. during the sale period. Only cashier’s checks or official checks will be accepted.

For questions or assistance, prospective bidders should call CivicSource at 1-888-387-8033 or email support@civicsource.com.

 

Digital Sponsors / Become a Sponsor

Follow the issues, companies and people that matter most to business in New Orleans.

Email Newsletter

Sign up for our email newsletter