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73 new today Next auction Thu, Oct 29

Foreclosure Homes in Louisiana

There are currently 31,868 foreclosure homes listed in Louisiana. Buying a distressed property in Louisiana can save you as much as 50 percent compared to a traditional sale. Along with bank-owned foreclosures, you can browse rent-to-own homes, short sales, preforeclosures, bankruptcies and government-owned listings such as HUD, Fannie Mae and Freddie Mac. Pick a city or county below to see every distressed listing in Louisiana.

73 new Added today in Louisiana

See all 73 new listings
  1. Property in Lafayette, LA 70507 NEW Preforeclosure Est. $116K Lafayette, LA 70507 3 bd, 2 ba
  2. Property in Oberlin, LA 70655 NEW Preforeclosure Price coming soon Oberlin, LA 70655 2 bd, 2 ba
  3. Property in New Orleans, LA 70122 NEW Deal $325,000 New Orleans, LA 70122 4 bd, 3 ba
  4. Property in Denham Springs, LA 70726 NEW Preforeclosure Est. $136K Denham Springs, LA 70726 Single-Family
  5. Property in Mansfield, LA 71052 NEW Preforeclosure Price coming soon Mansfield, LA 71052
  6. Property in Saint Martinville, LA 70582 NEW Preforeclosure Est. $133K Saint Martinville, LA 70582
  7. Property in Lafayette, LA 70507 NEW Preforeclosure Est. $84K Lafayette, LA 70507
  8. Property in Saint Martinville, LA 70582 NEW Preforeclosure Est. $64K Saint Martinville, LA 70582 Single-Family
  9. Property in Frierson, LA 71027 NEW Preforeclosure Est. $148K Frierson, LA 71027 Single-Family
  10. Property in Stonewall, LA 71078 NEW Preforeclosure Est. $144K Stonewall, LA 71078 Single-Family

Upcoming Louisiana auctions

See all 147 homes at auction this week
  1. Orleans County 22 homes, today
  2. Allen County 2 homes, in 2 days
  3. Caddo County 2 homes, in 2 days
  4. Jefferson County 2 homes, in 2 days

Louisiana Foreclosure Laws

Louisiana uses both judicial and nonjudicial foreclosure processes, depending on the loan documents and situation. Many loans are secured by mortgages. The timeline can vary widely based on which process is used and whether the borrower contests the case. Deficiency balances may sometimes be pursued after the sale.

Foreclosure type
Judicial
Typical timeline
6-12+ months typical
Deficiency judgment
Deficiency limited; fair market value appraisal required
Redemption period
Limited redemption rights.
Process and statute references
  • Mortgage Instrument Security Type
    Mortgage. Uses civil-law mortgage instruments only.
  • Process Summary
    Louisiana uses a judicial foreclosure system based on civil law. Most foreclosures proceed through an expedited executory process requiring court approval.
  • Notice / Timing Statute
    Louisiana Code Civil Procedure Art. 2631 et seq. (executory process foreclosure)
  • Redemption Statute(s)
    Louisiana Revised Statute § 13:4106 (no redemption in executory process)
  • Deficiency Statute(s)
    Louisiana Revised Statute § 13:4106 (deficiency limited to debt minus fair market value)

How to Buy a Foreclosure in Louisiana

To buy a foreclosure in Louisiana, search for sheriff' sale notices, MLS listings, and parish records. Louisiana uses judicial foreclosure; be aware of statutory redemption periods. Secure financing or proof of funds prior to sale. Perform title and condition checks. Attend the sheriff' sale and ensure all payment steps are completed.

What type of foreclosure is used in Louisiana?
The type of foreclosure in Louisiana is Judicial
Is there a redemption period in Louisiana?
Limited redemption rights.
Are deficiency judgments allowed in Louisiana?
Deficiency limited; fair market value appraisal required in Louisiana
How do you buy a foreclosure in Louisiana?
To buy a foreclosure in Louisiana, search for sheriff' sale notices, MLS listings, and parish records.

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