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TPSO, Amite, and Ponchy hold tax sale Tuesday

Posted: Friday, June 26, 2020 | Views: 3984

TPSO, Amite, and Ponchy hold tax sale Tuesday

TANGIPAHOA PARISH SHERIFF, THE CITY OF PONCHATOULA AND THE TOWN OF AMITE CITY TO CONDUCT ONLINE TAX SALES ON JUNE 30

Tangipahoa Parish, LA – On Tuesday, June 30, the Tangipahoa Parish Sheriff, the City of Ponchatoula and the Town of Amite City will host their annual tax sales online at CivicSource.com. The auctions open at 8:00 a.m. and close at 8:00 p.m., subject to a sliding close. 417 properties are slated for auction, ranging from $379 to $35,947. The sales are open to the public, and registration is free.

The auction price is fixed at tax, interest, costs and other impositions due, so instead of competitive price bidding, ownership interest in property is bid down. The winning bid is the least percent ownership bid on any property. Winning bidders receive tax title certificates, an interest-bearing investment returning five percent and one percent per month until paid. If not repaid within three years, the purchaser receives property ownership in the amount equal to percent bid at auction, subject to the taxes being paid.

For a complete listing of properties slated for the 2020 tax sales, visit CivicSource.com/Tangipahoa.

For more information on the Louisiana tax title sale process or to view upcoming auctions, visit CivicSource.com.
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