Computer Crashed New Orleans Real Estate Market

sustik writes "For a month now the New Orleans real estate market has been crippled by a computer crash that caused the loss of online data from the late 1980s that should be researched prior to the closing of any real estate transactions. 'The clerk of Orleans Parish Civil District Court said Tuesday that her office continues to make progress in resolving the computer problems that have been holding up real estate transactions in New Orleans for the past month, but there still was no indication of how soon the crisis might end.'"

Comments

Re:I call shenanigans!

[iluvcapra]

When I see the phrase "The original real estate records HAVE NOT BEEN LOST," I interpret that to mean that they still have the deeds, surveys, sale contracts, liens, covenants and easements on file, on paper, in a cabinet.

Which is good. It just means they'll have about 30 years of data entry to do...