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443 new this week Next auction Wed, Nov 4

State Info

31,998 listings in Louisiana

Foreclosure Homes in Louisiana

There are currently 31,998 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.

443 new Added this week in Louisiana

See all 443 new listings
  1. Property in New Orleans, LA 70123 NEW Foreclosure Est. $248K New Orleans, LA 70123 Single-Family
  2. Property in New Orleans, LA 70117 NEW Preforeclosure Est. $97K New Orleans, LA 70117 2 bd, 2 ba
  3. Property in Zachary, LA 70791 NEW Preforeclosure Est. $134K Zachary, LA 70791 3 bd, 2 ba
  4. Property in Lafayette, LA 70508 NEW Foreclosure $115,000 Lafayette, LA 70508 About 41% below estimate
  5. Property in Ville Platte, LA 70586 Added yesterday Preforeclosure Est. $54K Ville Platte, LA 70586 Single-Family
  6. Property in Wisner, LA 71378 Added yesterday Preforeclosure Est. $48K Wisner, LA 71378 Single-Family
  7. Property in Minden, LA 71055 Added yesterday Preforeclosure Est. $44K Minden, LA 71055 Single-Family
  8. Property in Rayne, LA 70578 Added yesterday Preforeclosure Est. $50K Rayne, LA 70578 Single-Family
  9. Property in Springhill, LA 71075 Added yesterday Preforeclosure Price coming soon Springhill, LA 71075 Single-Family
  10. Property in Boutte, LA 70039 Added yesterday Preforeclosure Est. $130K Boutte, LA 70039
Most new in

Upcoming Louisiana auctions

See all 325 homes at auction this week
  1. East Baton Rouge County 28 homes, today
  2. Ascension County 17 homes, today
  3. Caddo County 15 homes, today
  4. Saint Tammany County 15 homes, today

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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