In the State of Louisiana, if you don’t pay your property taxes, investors have the right to purchase your debt from the Parish where you owe the taxes. In exchange for holding this debt, the investor can charge you up to 17% per year. Also, after 3 years, the investor may actually take ownership of your house.
As a full service real estate buyer, we have encountered these situations and can help you. When you sell to us, we can pay the property tax debt so you don’t have to come out of pocket thousands of dollars. Also, if it has been more than 3 years since the investor bought the property tax debt, contact us ASAP so that we may save you from losing your property. Often times, owners or heirs of owners give up because it has been so long. Many consider this found money when we are able to complete the purchase of their house with severely delinquent property taxes. Fill out our form below so that we may assist you.