The City of Ponchatoula is updating its adjudicated property auction processes by implementing the proven technologies of CivicSource, the leading online auctioneer of tax-distressed real estate. CivicSource has provided the City of Ponchatoula with an online tax certificate sale platform since 2011. The City’s new adjudicated property auction platform will be an invaluable asset to the City, improve existing protections for homeowners and provide tremendous benefits to Ponchatoula property investors.
The online adjudicated property auctions will eliminate blight while restoring significant, annually recurring revenues to the City from property taxes that had previously gone unpaid. “We are looking forward to our partnership with CivicSource to help return previously vacant land and properties back to use and commerce,” explains Ramona Tara’ Umbach, Tax Collector for the City of Ponchatoula.
CivicSource specializes in digitized due diligence, ensuring all homeowners, heirs, and persons of interest affiliated with a tax-delinquent property have been adequately notified and given ample opportunity to redeem the property before it qualifies for an adjudicated property auction. All adjudicated properties for sale at CivicSource.com went unsold in a tax sale and have not been redeemed.
The City of Ponchatoula’s new, technology-driven property auctions will take place online at CivicSource.com, allowing bidders to conduct property research and participate in the auction from any internet-ready device whether at home, work or a public facility. CivicSource.com offers numerous innovative investor tools including access to auction legal research, integrated Google and GIS parcel maps, a proxy bidding feature, customizable watch lists and a sliding close function preventing last-second, online bid sniping.
Visit CivicSource.com to view a complete listing of qualified tax-delinquent adjudicated properties or to nominate properties for auction through a deposit of $850. The properties are listed for $0 plus closing costs. Both commercial and residential properties are available for purchase. To RSVP for an upcoming information session on purchasing adjudicated properties, visit events.CivicSource.com.