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City Sells all 18 Available Properties During June Adjudicated Property Auction
On June 1, the City of New Orleans held its monthly online auction for adjudicated properties, which brought in more than $184,500 after 28 individuals bid on the 18 properties that were for sale. Fifteen bidders won 18 auctions with nine going into extended bidding. A total of 660 bids were placed with the highest priced auction at $31,061. Winning bidders received full ownership and title insurance for each property. The next auction is scheduled for Wednesday, July 6, 2016.<
