Louisiana is a good state for tax lien certificate sales. The rate of 17 percent is high. Here is a summary of information for tax sales:
Interest Rate
12% plus a 5% penalty for a total of 17%
Redemption Period
3 years
Louisiana tax lien certificate auctions
Varies, depending on Parish
Louisiana tax deed or tax foreclosure sales
Louisiana is not known for tax foreclosure sales
Bidding Process
All tax sales are by competitive bid based on the interest rate.
State Specific Information
Louisiana is a good tax sale state because the total return is 17 percent on certificates Discover my proven real estate system on buying tax lien certificates and tax sales. It is the only real estate investment that is Guaranteed by the U.S. government to make you 18%-25% return on your money.
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