May 24th, 2016
TANGIPAHOA PARISH, LA – May 24, 2016 – On May 25, 2016, the Tangipahoa Parish Sheriff, City of Ponchatoula and Town of Amite will host Tax Certificate Sales at CivicSource.com. By hosting the sale online, bidders who would not normally be able to attend the auction in person are still able to participate.
Currently, over 400 properties are slated to go to sale, ranging in price from $120 to $16,000. The sales are open to the general public. Free registration and a list of available properties are now available at CivicSource.com.
A Tax Certificate Sale is the sale of properties that have delinquent taxes due. The tax certificates for these properties are sold to the public for the amount of the delinquent taxes due, plus any accrued interest, penalties, costs and other statutory impositions. The Tax Certificate Sale is a low-bid wins style auction, in which the property is sold to the purchaser willing to bid on the least percent ownership interest in the property.
Winning bidders of the tax sale are expected to pay for their purchases within 72 hours of the close of the auction. Payment must be made in one installment and all sales are final.
These auctions and all future tax sales can be viewed at CivicSource.com. Using the convenient search options, bidders can set the parameters for any property that falls within their interests and budget.
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