re: Tax Lien Auctions have a great return but are they morally ethical?

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I believe in Caddo Parish, there's a 5% fee off the top plus 1% a month. I know someone that buys tax sales that will more than likely be redeemed, but where else can you find a 17% return guaranteed?

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It's the same in every parish. 5% on the top, 1% per month, after three years the property is yours.

If it isn't properly noticed, though, it's a due process violation and can be annulled for at least 10 years, maybe longer. I do some work in this area so I can tell you it's not as simple as you might think.