![]() The sale of Louisiana Tax Deeds (Hybrid) are final and winning bidders are conveyed either a Tax Deed or a Sheriff's Deed. Generally, the minimum bid at an Ascension Parish Tax Deeds (Hybrid) sale is the amount of back taxes owed, as well as any and all costs associated with selling the property. If you are seeking to purchase tax sale property, you should consider starting an LLC to purchase the property to limit any liability you face during the redemption period.In Louisiana, the County Tax Collector will sell Tax Deeds (Hybrid) to winning bidders at the Ascension Parish Tax Deeds (Hybrid) sale. Purchasing tax sale property can be very lucrative, but it can also be a headache and expensive if not done properly with the correct legal and financial guidance. If they don’t, the property will officially belong to the purchaser. The owners defend the lawsuit by attempting to annul the tax sale. If the redemptive period expires, the purchaser must file a lawsuit called a “quieting title action.” This can be complicated, but in simple terms, the purchaser sues the former owners. ![]() If so, the owner would be required to cut the grass, maintain the structure, etc. In some instances, the property may be subject to ordinances or other obligations relating to upkeep and maintenance. The tax sale purchaser is required to maintain the property and pay the requisite tax obligations. On the other hand, if you purchase a home that is occupied, a court will need to be involved if you want to take possession and evict the occupants. For example, if you purchase a vacant lot or building, then you can immediately take possession, cut the grass, etc. As a rule, a tax purchaser is entitled to immediate possession of the property, the purchaser can exercise possession of the property without any formalities only if he can do so without any resistance. The tax sale title does not automatically give the purchaser the right to use or possess the property. The owner must also pay the tax collector for the transaction costs related to the redemption.
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