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re: Tax Lien Auctions have a great return but are they morally ethical?
Posted on 12/12/14 at 7:15 pm to theoldwiseone33
Posted on 12/12/14 at 7:15 pm to theoldwiseone33
quote:
Anyone know for sure?
Yes....me.
The state's voters voted in the 18 month waiting period for New Orleans following Katrina but that was only for Orleans Parish. It was done to handle all of the abandoned properties from the storm.
The other parishes remained having a 3 year wait.
The November amendment changed the constitution for the rest of the state to 18 months.
1
Posted on 12/12/14 at 9:28 pm to LSURussian
To further clarify Russian's comment
The amendment only reduced the redemption period to 18 months from the date of recording of the sale for those properties that have been declared vacant, blighted, or abandoned.
This does not apply to property that is still owner occupied and not declared one of the above. Otherwise, it is still a 3 year redemption period.
Par Guide #10
The amendment only reduced the redemption period to 18 months from the date of recording of the sale for those properties that have been declared vacant, blighted, or abandoned.
This does not apply to property that is still owner occupied and not declared one of the above. Otherwise, it is still a 3 year redemption period.
Par Guide #10
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