111 active real estate auctions in Louisiana right now.
111 results
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Louisiana has an active government real estate auction market driven by HUD foreclosures, tax sales, and surplus property dispositions. The New Orleans metro area generates the highest volume, with HUD HomeStore regularly listing FHA-foreclosed homes. Louisiana uses a unique tax sale system – properties with delinquent taxes are sold at annual parish tax sales, with a 3-year redemption period for the original owner. Bid4Assets handles many of these online. State-owned surplus land and buildings are sold through the Division of Administration.
Louisiana parishes hold annual tax sales for properties with delinquent taxes. The buyer purchases the tax lien, and the original owner has 3 years to redeem (pay back taxes plus interest). If they don't redeem, the buyer can petition for full ownership. This is different from most states where you buy the property outright at tax sale.
Yes. Many Louisiana properties, particularly in the New Orleans metro, coastal parishes, and river-adjacent areas, sit in FEMA flood zones. Flood insurance is mandatory for federally-backed mortgages in these zones and adds significant ongoing cost. Check FEMA flood maps before bidding on any Louisiana real estate.
HUD HomeStore lists FHA-foreclosed homes statewide. Bid4Assets handles parish tax sales. Fannie Mae's HomePath and Freddie Mac's HomeSteps list GSE-owned properties. Williams & Williams conducts live and online auctions for surplus state properties. GovDeals occasionally lists municipal surplus land and buildings.
111 active real estate auctions in Louisiana right now.
111 results
