Louisiana tax lien certificates are a great way to profit. Caddo Parish County sells Tax Deed Redeemables at Caddo Parish County tax sales.
Type: Tax Deed Redeemable
You can purchase Louisiana Tax Deed Redeemable at Caddo Parish County tax sales.
If Caddo Parish county, Louisiana is unable to collect real estate property taxes they are also unable to provide important government services like police protection, public schooling and medical services.
Unpaid property taxes create a serious cash-flow problem for Caddo Parish county, Louisiana.
Property taxes that are delinquent are added to any previously uncollected taxes on a parcel of Caddo Parish county. Parcels whose taxes are subject to sale will be advertised in a Caddo Parish county newspaper of general circulation. The parcels are listed by sequence number. Parcels fall into 1 of 2 groups. Each group is sorted by parcel number.
The Caddo Parish county tax sale list appears about three to six weeks before the Caddo Parish county tax sale auction and is also posted on the Internet.
To solve this problem Caddo Parish county, Louisiana allows investors to pay off these taxes. In exchange the investor receives the Caddo Parish county, Louisiana lien for taxes. A real estate tax lien is simply a claim for delinquent taxes.
Why would investors do this?
Well, depending on Louisiana laws and competition, savvy Caddo Parish county tax sale investors can realize high-yielding returns with tax lien certificates and/or purchase real estate for a fraction of its true market value with Louisiana tax deeds.
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