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Real Estate Auctions

Posted on 3/27/15 at 10:39 am
Posted by jsquardjj
Member since Oct 2009
1317 posts
Posted on 3/27/15 at 10:39 am
In lieu of the real estate auction taking place in New Orleans tomorrow, (mostly Gentilly, Lakeview and lower 9th options owned by the city) I was wondering if any of the real estate gurus have any insight on these auctions or past experiences getting a good deal?
Posted by kingbob
Sorrento, LA
Member since Nov 2010
67074 posts
Posted on 3/27/15 at 10:45 am to
Look out for unclear titles. Many of those properties cannot be insured because the city government making the sale lacks a clear title to the property.
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