Month: March 2017

Livingston Parish, LA (Mar. 31, 2017) – Livingston Parish is taking the necessary steps to sell adjudicated properties through a new online auction process. Over 100 adjudicated properties are listed for sale at CivicSource.com. These properties were adjudicated due to unpaid property taxes. The properties went unsold at tax sale and in many cases, have been off the tax rolls for years, not generating annual tax revenues.

Livingston Parish is collaborating with CivicSource to auction the tax delinquent properties. The sales will place these properties back on the tax rolls, return them to commerce and generate significant, recurring annual tax revenues. Only properties that have been adjudicated for more than five years will be available. The sales provide winning bidders with full ownership of each property. The properties are listed at $0 plus closing costs and include title insurance. The average starting bid price is $5,000.

On Thursday, April 6, 2017, CivicSource will hold a public information session for purchasing adjudicated real estate at 6:00 p.m. at the Livingston Parish Council Chambers located at 20355 Government Boulevard, Livingston, LA 70754. If you would like to attend the public information session, email your RSVP to RSVP@CivicSource.com.

“By finding an innovative way to return these properties to commerce, the parish is recouping important revenue,” said Livingston Parish President Layton Ricks. “Our partnership with CivicSource makes it easier for investors and individuals to purchase adjudicated properties. Offering these properties for sale with a clear title and title insurance will create a larger field of potential buyers,” Ricks said. “I am positive that we will increase our sales of adjudicated properties which helps to stabilize our neighborhoods and our property values.

The online auction replaces the traditional adjudication sale held at the Courthouse where participants were required to be present during the auction process. By hosting the sale online, bidders who would not normally be able to attend the auction in person are still able to participate from their homes or place of business.

The adjudicated properties will be plotted on a map and each property will include a detailed description. Registered users initiate legal due process compliance work for properties to go to auction through an $850 deposit. The initial $850 deposit will go toward the sale price of the winning bid. Online auctions for adjudicated properties are held on the first Wednesday of every month, from 8:00 a.m. to 8:00 p.m., subject to a rolling close in the case of last-minute competitive bidding.

Complete details about the online auction process are available at www.civicsource.com/help, or interested buyers can call (888) 387-8033, Monday-Friday from 8a.m.-5p.m. to speak with a representative from CivicSource and have their questions answered.

About CivicSource:

CivicSource is the leading auctioneer of tax-distressed real estate. From tax sales to adjudication auctions, CivicSource digitizes due process compliance to ensure legally valid sales. Founded in 2008, New Orleans based CivicSource has been recognized by Inc. Magazine’s 500|5000 as one of “America’s Fastest Growing Companies” and has been recognized as the one of the Best Places to work in New Orleans for the past five years, receiving the designation “Best Place to Work” in 2014. www.CivicSource.com

Click Here to register for CivicSource’s March Virtual Information Session on Wednesday, March 29, at Noon CST. Learn more about the adjudicated property sales process and how to participate in upcoming auctions. There will be a question and answer session immediately following the presentation.

View KTAL Interview with CivicSource Chief Legal Officer Stephen Morel and Former State Representative Roy Burrell. Learn more about Caddo Parish and the City of Shreveport taking the necessary steps to sell thousands of adjudicated properties online at CivicSource.com.

Join CivicSource on Wednesday, March 22, at 6:00 p.m. for a community information session for purchasing tax adjudicated real estate. The meeting will be held at Independence Stadium Club Level located at 3301 Pershing Blvd., Shreveport, LA 71109. Learn more about the adjudicated property sales process, see before and after photos of redeveloped properties, and see available properties located throughout Caddo Parish and City of Shreveport. Interested buyers will also receive assistance with registration and participating in monthly auctions. To register email rsvp@civicsource.com. Please specify that you are interested in the Community Information Session for Caddo Parish and City of Shreveport on March 22.

Join CivicSource on Tuesday, March 21, at 6:30 p.m. for the Greater Baton Rouge Real Estate Investment Association Meeting. The meeting will be held at Hyatt Place located at 6080 Bluebonnet Blvd., Baton Rouge, LA 70809. Learn more about the adjudicated property sales process, see before and after photos of redeveloped properties, and see available properties located throughout Greater Baton Rouge. To register email rsvp@civicsource.com. Please specify that you are interested in the Greater Baton Rouge Real Estate Investment Association Meeting on March 21.

View the CivicSource Virtual WorkShop held on Wednesday, March 15, at 12:00 p.m. CST. The workshop provides investors with a step by step tutorial of navigating CivicSource.com, registering to participate in auctions, placing a deposit and what to plan for on auction day.

Join CivicSource for a Virtual Workshop on Wednesday, March 15, at 12:00 p.m. CST. The workshop will provide investors with a step by step tutorial of navigating CivicSource.com, registering to participate in auctions, placing a deposit and what to plan for on auction day. If you would like to join the meeting click here to register and receive login details.

Join the Junior League of New Orleans and CivicSource for a Community Information Session on Thursday, March 9 at 6:30 p.m.

Are you, your company, or your non-profit interested in investing in the community and helping to reduce blight and place properties back into commerce? If so, please join us on March 9th, at 6:30 p.m. at JLNO Headquarters located at 4319 Carondelet St, New Orleans, LA 70115.

This free event will teach potential investors how to revitalize communities by returning adjudicated properties to commerce. Topics to be covered include: legal due process compliance, title insurance and how to participate in upcoming auctions.

The presenters will be Councilwoman Stacy Head, Chief Legal Officer of CivicSource Stephen Morel, and Director of Business Development for CivicSource Ronnie Harris.

Please make a reservation at www.jlno.org (under “Calendars” – “Register for JLNO Events”), or by calling Headquarters at (504) 891-5845. Light refreshments will be served.

Caddo Parish and the City of Shreveport are taking a new approach to getting adjudicated, blighted properties back on tax rolls— with hopes for at least $250,000 of additional revenue for the area. The agencies are partnering with each other and with CivicSource, a leading online auction marketplace, to offer more than 1,000 adjudicated properties through online auction. READ MORE