Richland Parish, Louisiana Government Auctions

1 open listing in Richland Parish, including 1 HUD REO home. Every listing links to the official source to bid.

Open now in Richland Parish

Real Estate

HUD HomeStore

Open

120 Ashley Ave, Rayville, LA

Rayville, Louisiana

HUD-owned (FHA) foreclosed home at 120 Ashley Ave, Rayville, LA 71269, FHA case #222-214501, currently listed for sale on HUD HomeStore (acquired by HUD 2020-03-12). Offers are submitted through a HUD-registered real estate broker during the bid period; the list price, bid deadline, property condition report and photos are on the official listing.

Auction terms

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By sale type

HUD REO home1

By source

HUD HomeStore1

How these sales work

Buying government property in Richland Parish

Louisiana is a redeemable deed state

Louisiana parish tax collectors sell tax sale certificates on delinquent property, conveying a redeemable interest, and property with no bidders is adjudicated to the parish and later resold. Investors bid down the ownership percentage, not the price.

Redemption period: The owner commonly has three years from the recorded tax sale certificate to redeem (18 months for blighted or abandoned property); after that the buyer can seek to quiet title.
Interest or penalty: Redemption requires paying a 5% penalty plus 1% interest per month on the amount paid at the sale.

Full Louisiana guide and FAQ →

Government REO home

A home a federal agency or government-sponsored enterprise took back after a foreclosure on a loan it insured or owned, now resold through its own program.

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General information, not legal advice; the official sale notice controls.