Louisiana Tax Lien Sales
| TAX SALES FOR THE STATE OF LOUISIANA | |||||
| Date | County | #Parcels | |||
| 8/20/2009 | Town of Benton | 21 | |||
Tax certificates sold to individuals at tax sales earn a 1% interest rate per month plus if you are the purchaser you get a penalty payment of 5%. So if the person owning the land redeems it for example after 6 months, you would receive a 11% return on your investment.
Disclaimer
Please understand that I am not an attorney or accountant. If you need legal or financial advice please retain the services of a competent professional