News

Sep 16, 2010 6:47 PM by Carolyn Cerda

Name Your Price: Property Auction

Over 60 properties will be up for grabs this weekend, and interested buyers will get to name their own price. The Louisiana Land Trust Auction is selling State owned land that was once used for the Road Home Program.

"It's properties that people just didn't see fit to repair. They may have moved away or out of state," said Don Menard, St. Landry Parish President.

The 60 properties are located in St. Landry, St. Martin, Vermilion, Iberia, Lafayette and Acadia Parishes. 5 properties are in St. Landry Parish, including the one piece of land that will be sold with a house on it. Some of the other properties do have structures on them right now, but officials say they are already scheduled to be demolished.

Kenneth Rosette lives next door to the house on Herman St. in Opelousas, which is to be sold as a "rehabilitated ready" property. He and other neighbors aren't so sure the house can be saved.

"It's going to need some work to re-do it. The floors are really, really bad. I mean, you can see the outside from the inside," said Rosette. But, Rosette is still happy to hear about the possibility that someone may fix-up what he believes is not only an eyesore in the neighborhood. "It's all kind of hazardous situations cause we have kids running up and down the street all the time. So, it can be very dangerous."

Menard agrees with those feelings and also says the auction will boost local economy. "Probably one of the most important things is that it cleans up the properties that need to be cleaned up, and puts it (the property) back on the tax roll and people will start paying taxes on it."

The auction will be held Saturday, September 18th at 10am at the A.A. Comeaux Recreation Center in Abbeville. Properties will be sold to the highest bidder with no minimum bid or appraisal. However, bidders will be required to bring $500 of certified funds for a deposit. You can preview the properties, pre-register and get more information at gilmoreauction.com.

 

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