The collection of real estate taxes for properties located in Iberia Parish is a major priority for the Iberia Parish Louisiana tax collector. Real estate property taxes help fund local services such as public education, police protection and medical services.
Delinquent property taxes create a serious cash-flow problem for Iberia Parish Louisiana. If they are unable to collect property taxes, they are also unable to fund important government services like police protection, public schooling, and emergency medical services.
In an effort to recover lost tax revenue, tax delinquent property located in New Iberia Louisiana is sold at the Iberia Parish tax sale. The property is sold to the successful bidder (state laws differ), though often it is sold for the amount of unpaid taxes.
Successful purchasers at the Iberia Parish Louisiana tax deed sale receive a Louisiana Louisiana tax deed. Full rights to property sold at a Iberia Parish Louisiana tax sale generally do not pass immediately to the purchaser. Rather, the purchaser acquires an interest in the property subject to redemption by the former owner.
The right of redemption is a statute specified period of time during which the original owner may redeem or take back the real estate by paying to the purchaser the purchase price plus interest within the time period allowed by statute. If the former owner does not redeem within the prescribed period, the purchaser acquires title to the property free and clear of all liens created prior to the sale. In some states the deed is issued to the purchaser automatically upon the expiration of the redemption period; in other states a tax sale purchaser must apply for the deed and then bring a foreclosure action to cut off the right of redemption or an action to quiet title. Most states do not require that the taxing authority or the purchaser reimburse the former owner for any surplus equity in the property when the property is transferred to the purchaser.
Generally, there are two outcomes with the sale of Louisiana tax deed (hybrid); the purchaser will either receive what they paid to satisfy the delinquent property taxes plus interest and or penalties or receive a tax deed (title obtained through tax foreclosure process) which conveys all right, title and interest of county in the property, including all delinquent taxes which have become a lien since issuance of Louisiana tax deed (hybrid).
As with any investment, there is always an element of risk. Even if the tax sale process is written into Louisiana law, mandated by Louisiana law, and regulated by Louisiana law, there is still a chance of purchasers incurring substantial loss. It is recommended that anyone considering buying a tax lien or tax foreclosure property consult properly licensed legal and accounting professionals.
Below you will find a collection of the latest user questions and comments relating to Tax Deeds (Hybrid) on tax-delinquent property located in New Iberia Louisiana.
The following is a list of counties located in the state of Louisiana. Tax Deeds (Hybrid) for properties located in the following counties are sold at Louisiana county tax sales.
Learn more about each county's individual tax sale process by clicking on the name of the county for which you are interested from the list below:
|County / Municipality:||Population:|
|Acadia Parish, LA||58,861|
|Allen Parish, LA||25,440|
|Ascension Parish, LA||76,627|
|Assumption Parish, LA||23,388|
|Avoyelles Parish, LA||41,481|
|Beauregard Parish, LA||32,986|
|Bienville Parish, LA||15,752|
|Bossier Parish, LA||98,310|
|Caddo Parish, LA||252,161|
|Calcasieu Parish, LA||183,577|
|Caldwell Parish, LA||10,560|
|Cameron Parish, LA||9,991|
|Catahoula Parish, LA||10,920|
|Claiborne Parish, LA||16,851|
|Concordia Parish, LA||20,247|
|Desoto Parish, LA||25,494|
|East Baton Rouge Parish, LA||412,852|
|East Carroll Parish, LA||9,421|
|East Feliciana Parish, LA||21,360|
|Evangeline Parish, LA||35,434|
|Franklin Parish, LA||21,263|
|Grant Parish, LA||18,698|
|Iberia Parish, LA||73,266|
|Iberville Parish, LA||33,320|
|Jackson Parish, LA||15,397|
|Jefferson Davis Parish, LA||31,435|
|Jefferson Parish, LA||455,466|
|Lafayette County, LA||190,503|
|Lafourche Parish, LA||89,974|
|Lasalle Parish, LA||14,282|
|Lincoln Parish, LA||42,509|
|Livingston Parish, LA||91,814|
|Madison Parish, LA||13,728|
|Morehouse Parish, LA||31,021|
|Natchitoches Parish, LA||39,080|
|Orleans Parish, LA||484,674|
|Ouachita Parish, LA||147,250|
|Plaquemines Parish, LA||26,757|
|Pointe Coupee Parish, LA||22,763|
|Rapides Parish, LA||126,337|
|Red River Parish, LA||9,622|
|Richland Parish, LA||20,981|
|Sabine Parish, LA||23,459|
|St. Bernard Parish, LA||67,229|
|St. Charles Parish, LA||48,072|
|St. Helena Parish, LA||10,525|
|St. James Parish, LA||21,216|
|St. John The Baptist County, LA||43,044|
|St. Landry Parish, LA||87,700|
|St. Martin Parish, LA||48,583|
|St. Mary Parish, LA||53,500|
|St. Tammany Parish, LA||191,268|
|Tangipahoa Parish, LA||100,588|
|Tensas Parish, LA||6,618|
|Terrebonne Parish, LA||104,503|
|Union Parish, LA||22,803|
|Vermilion Parish, LA||53,807|
|Vernon Parish, LA||52,531|
|Washington Parish, LA||43,926|
|Webster Parish, LA||41,831|
|West Baton Rouge Parish, LA||21,601|
|West Carroll Parish, LA||12,314|
|West Feliciana Parish, LA||15,111|
|Winn Parish, LA||16,894|
Reference for all fifty (50) states detailing tax sale type (lien, deed, hybrid), interest rate, penalty rate, redemption period, and more.
Simply enter your name and e-mail address to get free instant access to this powerful "Tax Sale Cheat Sheet".