Investor Opportunity:Road Home Real Estate Auction

Calling All Investors! 80 Road Home Properties Go to Auction

ONE TIME OPPORTUNITY IN

Lake Charles, LA

auction

Five years ago, residents of Calcasieu Parish evacuated for Hurricane Rita. The aftermath of the storm left many homes destroyed.  In an effort to rebuild the State of Louisiana created a  program called The Road Home.  Homeowners could receive funds to repair their homes or sell their property to Louisiana Land Trust.  Some homeowners would abandon their home and never repair or return.

This Saturday, September 25th  80 Road Home properties will be auctioned off to highest bidders. The Louisiana Land Trust Road Home Property Auction will begin at 10:00 am at the Calcasieu Parish Courthouse 1000 Ryan St. in Courtroom A  Lake Charles, LA.

The properties are sold as is– many are vacant lots or a homes that need to be rehabilitated. The properties can close in  thirty days if all conditions are met and Louisiana Land Trust pays closing costs.

This is a once in a lifetime chance for investors to obtain property!  The auction is open to the public and anyone can attend and bid on the properties.  However, if you intend to bid registration will be from 8-10 am the day of the auction.  10% down is required on auction day, bidders should bring $500 to the auction which will count as part of the deposit only if bidder wins the auctioned property.

You can pre register and find out more details  at the Auction sites of Pederson & Pederson Auctions

and Gilmore Auction & Realty

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One Response to “Investor Opportunity:Road Home Real Estate Auction”

  1. mikmik Says:

    Very informative blog. glad i found your page.

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