NEW ORLEANS (WVUE) - The City of New Orleans plans to hold its first-ever online auction for adjudicated properties.
In a press release, Mayor Mitch Landrieu said:
The city plans to auction 3,000 adjudicated properties some time this summer. They have not announced an official date, but the properties will be listed on CivicSource.com beginning March 6.
A property is adjudicated to the city when its property taxes have not been paid, becoming delinquent, and the city is unable to sell the property at a tax sale.