This Single-Family Tax Lien is located at Highway 77, Grosse Tete, LA 70740. This property is Tax Lien with an estimated market value of $49,300.
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Tax Liens are issued when a property owner fails to pay real estate taxes in a timely manner and a taxing authority, such as a city, county, or state, declares the taxes in default.
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There is a highly organized market for real estate tax liens and many sophisticated investors buy them. Tax liens can offer higher returns than many other types of interest-bearing investments and represent an opportunity for very little cash. The market for tax lien properties is competitive and the taxing authorities have specific rules to be followed. A wise investor will research each property to make certain his investment is secure.
The estimated rental value for Highway 77 located in Grosse Tete, LA is $991/month. Comparable homes around Highway 77 that are rentals have monthly ranges starting as low as $890 per month and as high as $1,090 per month. An owner looking to use this property as an investment could bring a return in the area of $890 - $1,090 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.
|Start Date||End Date||Listing Type||Bank Name|
|12/20/18||01/16/19||Preforeclosure||THE BANK OF NEW YORK MELLON|
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