Home/News/Lots of potential: Adjudicated properties auctioned online

Lots of potential: Adjudicated properties auctioned online

November 30th, 2016

Wednesday, November 30, 2016 9:15 AM

By Emily Fontenot / American Press

An effort to revitalize north Lake Charles by recirculating adjudicated property saw mild but notable success over the past month — six north Lake Charles residential properties once repossessed by the state are now in the process of ownership as a result.

On Nov. 1, the Lake Charles North Redevelopment Authority put up 55 properties for sale via CivicSource, a New Orleans-based company that auctions off adjudicated property online. The authority partnered with CivicSource in hopes that the company’s one-stop-shop model would simplify — and significantly quicken — the arduous process of putting old property back on the market. READ MORE