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Started By
Message
EBR Property auction
Posted on 2/15/16 at 10:34 am
Posted on 2/15/16 at 10:34 am
quote:
The city-parish is selling off thousands of properties that were placed in their hands after owners stopped paying property taxes on them. The average starting bid for the properties is $3,400, which includes title insurance and closing costs.
CivicSource
The Advocate Article
Map that shows property to be auctioned
You too can become a slamlord rental property baron
This post was edited on 2/15/16 at 10:48 am
1
Posted on 2/15/16 at 10:45 am to Tigeralum2008
Holy freaking crap. This auction could not possibly be more racist. This is nothing but an attempt for white folks to be able to buy up all the black folks neighborhood land and drive them out or cause gentrification.
This is why someone like Beyoncé dos the half time show the way she did.
This is why someone like Beyoncé dos the half time show the way she did.
Posted on 2/15/16 at 10:48 am to Fat and Happy
Anyone care to explain to a five year old how this works?
Do you basically agree to pay the back taxes and get the property after a certain period of time?
Edit: Thanks for the additional links. Civic source was the only link at first.
Do you basically agree to pay the back taxes and get the property after a certain period of time?
Edit: Thanks for the additional links. Civic source was the only link at first.
This post was edited on 2/15/16 at 10:53 am
Posted on 2/15/16 at 10:49 am to Fat and Happy
quote:
owners stopped paying property taxes on them
Did you miss this part?
Posted on 2/15/16 at 10:51 am to Fat and Happy
I sure hope you weren't being serious...
Posted on 2/15/16 at 10:52 am to Fat and Happy
There are some that would be a decent income property. One is off highland between Lee and Kenilworth
Posted on 2/15/16 at 10:55 am to TigerRob20
quote:
EBR Property auction
Anyone care to explain to a five year old how this works?
My interpretation is that you buy it via the auction process and viola! It's yours...
The article does not mention having to pay the back taxes
This post was edited on 2/15/16 at 10:57 am
Posted on 2/15/16 at 10:56 am to Tigeralum2008
quote:
My interpretation is that you by it via the auction process and viola! It's yours...
The article does not mention having to pay the back taxes
Just have to start paying the property taxes in order to keep it.
Posted on 2/15/16 at 10:57 am to Tigeralum2008
You could own the Egg Roll King on 1914 S Sherwood Forest Blvd
Posted on 2/15/16 at 10:57 am to Tigeralum2008
Yeah, delete this thread dickwad. Some of us want to scoop some of these, and you blasting it out to the world is going to drive the auctions up.
Posted on 2/15/16 at 11:02 am to DirtyMikeandtheBoys
quote:
Yeah, delete this thread dickwad. Some of us want to scoop some of these, and you blasting it out to the world is going to drive the auctions up.
It's on the front page of TheAdvocate.com
But yeah, placing it on tOT probably generated more clicks than the POS newspaper site.
Posted on 2/15/16 at 11:02 am to LSUBoo
I think the owner has the opportunity to reimburse you and regain control of the property though.
Posted on 2/15/16 at 11:03 am to dagrippa
quote:
I think the owner has the opportunity to reimburse you and regain control of the property though.
After more research, I believe this is the case too.
Posted on 2/15/16 at 11:08 am to dagrippa
quote:
I think the owner has the opportunity to reimburse you and regain control of the property though.
That's correct. Plus the mortgage holder is not going to let it go for less than the balance owed to them.
Posted on 2/15/16 at 11:09 am to TigerRob20
I think they have a year or two to buy it back, so most of this is a waste of time.
Posted on 2/15/16 at 11:09 am to Tigeralum2008
Be careful. Some of these are ditches and other random pieces of property that was subdivided when a subdivision was built.
Posted on 2/15/16 at 11:10 am to dagrippa
quote:
I think the owner has the opportunity to reimburse you and regain control of the property though.
They would probably have to settle up on their unpaid taxes, correct?
Posted on 2/15/16 at 11:10 am to torrey225
quote:
Be careful. Some of these are ditches and other random pieces of property that was subdivided when a subdivision was built.
That's what I am finding too. Definitely gotta look closely
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