Apr 16

Auctioning off items on eBay has been acclaimed as one of the top ways to sell products and establish a rewarding work at home business. A few years ago it was quite easy to make money this way, however, over the years eBay has become over populated with sellers, making it even more challenging to find products that are not saturated on eBay and cheap enough to make a decent profit from. If you use Internet wholesalers, you have a disadvantage compared to other eBayer’s, because many receive quantity discounted pricing on merchandise that you would have to compete against.

Here is a tactic you can use to have a competitive advantage and be more profitable then long time eBayers. There are millions of items that the government acquires through various means such as repossessed items, defaulted taxes, unclaimed items, government surplus and bankruptcies, that they don’t want to keep in inventory. These items are sold either live at a local US or Canada government auction or online from a government web site. Since these items don’t bare a cost to the government, they are not focused on making a profit, so your product costs remain lower then your competitors.

By buying items that are sold at government auctions you are getting deeply discounted unique goods. Government auctions provide a wide choice of items that complement eBay including items like electronics, jewelry, office equipment, etc. Many of the items are offerered in lots or larger quantities which allows for a easier eBay set-up for the items. For example, the latest live government auction I attended an individual bought 11 ATM machines for $45 each which they sold for $467 each and another person bought 43 digital cameras for $600 that they later sold on eBay for 7 times that amount.

Now if you haven’t sold anything on eBay I would suggest going there and taking 10 minutes to Register an eBay Account and enter in a fake item for sale (it’s easy, follow eBay’s guidance). Of course you won’t actually list this item as it’s simply for practise. This will help you to understand how to auction off items on eBay and show you how painless it is.

Then go to the Government Auction Review Site below and check which government auction site(s) are the best options to locate government auctions and items listed at each (online and live auctions). Once you know the government auction site that will grant access to virtually unlimited merchandise for you to resale, then enlist with that site.

All you have to do now is search for government auction sale items online and/or visit a local live government auction. Then buy items amongst the many great deals and list them on eBay for a handsome profit. eBay’s world wide viewership now has access to view and purchase all of your products.

Congratulations, you have just consummated what will prove to be a very profitable work-from-home career.

To instantly set up a free eBay account visit Register eBay Account and to view reviews and ratings on the most critically acclaimed government surplus auction sites check out Government Surplus

Apr 10

Have you ever wondered what happens when someone does not pay their property taxes? Well if you know government officials then you know they are not going to give a slap on the wrist and say ‘that’s okay, but don’t let that happen again’. Rather the government has the power to foreclose homes and commercial property when taxes are not paid. It does sound like the ultimate nightmare for the homeowner but it is not bad at all. In fact as Alec Baldwin would say in one of his notorious movies, it’s a ‘win-win’ situation. Let me explain.

County governments hold what is referred to as ‘tax lien sale’ which is a public auction where people can bid on these tax sales in lieu of the property. What this means is the public is bidding on the debt of the homeowner. In exchange for buying this tax lien and paying off the homeowner’s debt, the homeowner will then pay the winner of the auction back, with interest, by the redemption date as predefined by the government. This redemption date can be a length of time between 6 months and 4 years.

Now here’s the catch for the homeowner. If they default on the loan terms then the lien purchaser (let’s assume that is you) has the right to foreclose and take title of the property. So it is a ‘win-win’ so long as the homeowner continues to pay you, as the lien certificate owner, all loan payments. For you it is a good way to make a high interest rate while helping someone from losing their home. Read the rest of this entry »