Tax Lien Certificates and Tax Deed Sales in Louisiana - (LA)

Written by: Kevin Zimmerman

The state of Louisiana is a pretty good state for tax lien sales certificates with a fairly decent interest rate. However, the redemption period may be considered a bit lengthy for some investors.

An Overview of Louisiana Tax Sales

The interest rate for Louisiana tax lien sales is 17% - this breaks down into 12% plus a penalty of 5% which is a total of 17%. The redemption period for tax sales in Louisiana is 3 years.

There are no set times for tax sales to be held in Louisiana. The tax sales are held in accordance with the guidelines set forth by each Parish.

Louisiana also holds tax deed sales, which are often called tax foreclosure sales by those familiar to the area.

Louisiana Tax Sales Bidding Process

All tax sales held in Louisiana are conducted via a competitive bidding process that is based upon the interest rate.

Overall, investors consider Louisiana a good state for tax lien certificate sales because of its fairly high 17% interest rate on properties.


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