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Louisiana State Profile

Louisiana employment recovery remains weak and uneven in the wake of the hurricanes. Growth is led by the trade and construction sectors. As of February, Louisiana had regained just 41,600, or 17 percent, of the jobs lost in September and October because of Hurricanes Katrina and Rita...


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Finding Opportunity in the Louisiana Real Estate Market: Pre-Foreclosures

Now with pre-foreclosure listings available online, opportunities can be found across the U.S. For example with San Diego, California's median home prices topping at $500K+, a couple might not be in a position to afford a home of their own.

Yet, might be able to purchase a pre-foreclosure property in another area or state with lower housing prices but in a faster growing market or with better future appreciation growth potential; when the property increases it's value in a few years time, sale of the property could provide the necessary capital to purchase their home in the San Diego area...


Your Louisiana Pre-foreclosure Resource site.


Finding Quality Pre-foreclosure Listings

Try a number of pre-foreclosure listings sites and evaluate which offers the best most current listings. Finding pre-foreclosure properties can be done by visiting the local recorder's office and making photocopies, since listings are added on a daily basis, this can be daunting. Using the internet, a number of web sites allow searches by state, county, city, and zip code. Although both will provide you with information on available house, the difference between the two is of significant importance.

Take advantage of the free trial period offered evaluate their listings. The sites should offer the latest listings with daily/monthly updates.

Trial? Updated? Rating Link
7 days Daily/Weekly ***** RealtyStore.com
1 Week Weekly **** Bargin.com
1 Week Weekly **** RealtyTrac.com
7 days Weekly *** Foreclosurenet.net
3 days Monthly *** Foreclosure.com

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Louisiana Foreclosure Law

  • Judicial Foreclosure Available: Yes
  • Non-Judicial Foreclosure Available: No
  • Primary Security Instruments: Mortgage
  • Timeline: Typically 60 days
  • Right of Redemption: No
  • Deficiency Judgments Allowed: Yes




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