March 6th, 2015
NEW ORLEANS – For the first time ever, New Orleans will hold an online auction for nearly 1,800 properties across the city that have become delinquent. The full list of available properties will be made live at noon Friday March 6, and the first online auctions are expected take place in the summer.
Winning bidders will be given full ownership of the property with guaranteed title insurance. This is the City’s first adjudicated property sale in many years, and it is the City’s first time using an online auction to sell adjudicated properties.