The US Department of the Treasury auctions off “seized and forfeited” general property (fancy a Rolex watch or a Fender guitar?), cars (how about a pimped-out Escalade?) and boats. Visit the Treasury’s website to find more information on where and when these auctions are held, plus sign up for alerts and research how much money items have sold for in the past. In addition, the Treasury has real property (RP) auctions for real estate seized through IRS-Criminal Investigation, Immigration and Customs Enforcement, and the US Secret Service.
Closing is usually required within 30 calendar days of sale or sooner. Only the seller may, at its discretion, exceed closing beyond 30 calendar days. Payment in full is due at Closing.  Closing costs, including and without limitation, transfer taxes, documentary stamps, recording fees, and escrow fees will be paid by the Buyer and Seller in accordance with the customs of the county in which the property is located, unless stated otherwise in the individual Terms and Conditions of Sale.
General Disclaimer: Get Rich Slowly is an independent website managed by J.D. Roth, who is not a trained financial expert. His knowledge comes from the school of hard knocks. He does his best to provide accurate, useful info, but makes no guarantee that all readers will achieve the same level of success. If you have questions, consult a trained professional.
Treasury Department Auctions:  The other agency very active in holding auctions is the Treasury Department, with roughly 300 sales per year. Treasury often offers in-person previews in California, Florida, New Jersey and Texas. Treasury auctions off "property forfeited as a result of violations of federal law enforced by the Department of Treasury or nonpayment of Internal Revenue Service taxes," according to its website. There are many categories of goods, including concrete items like antiques and coins but also less tangible property like stocks and patents.
It is strongly recommended that you attend the open houses/inspections that are scheduled prior to sale. The bidder is invited, urged, and cautioned to inspect the property prior to submitting a bid. Failure to inspect property shall not constitute cause for cancellation of sale. Property will be available for inspection only at the times specified.  At their own expense, potential bidders may have property inspectors examine the property during regularly scheduled open houses.
From our early days as an online police auction site, there was one piece of property & evidence that we did not touch – firearms. However, recently for many states and jurisdictions it has become a requirement, and even mandated, for law enforcement agencies to auction off their seized, forfeited and unclaimed firearms just as they do with other parts of the property and evidence room.
Interest in these auctions has boomed as the economy stays stagnated and credit rules have tightened. Buyers who formerly could qualify for auto loans on new or solid used cars now find they need to shop with cash. But the United States is a country built around the automobile, and it's a lot easier to get a job if you have a car to drive to the interview, so for many people car auctions are a way to fill the need.
If it looks too good to be true, chances are it is, and there’s a simple reason why. While bodywork is expensive, it pales in comparison to the kind of profit a car will turn if a high-bidding buyer doesn’t notice it. A thorough pre-bid inspection should hopefully illuminate any issues prior to putting down your money. For more info on what shoddy bodywork can hide, don’t forget to read our write-up on nine ways you can tell if a car has been in a wreck.

You could tell that most people knew each other. It felt like these few dozen bidders were part of an exclusive network of junkyard owners and flip-artists who have been bidding on cars against each other for years. Every now and then, when one guy outbid another, you’d see the losing bidder lean over to a friend and talk shit on the winner. “He just buys cars for the sake of buying them. He probably makes no money,” I heard one guy whisper. Police auctions are full of mysteries and secrets.

Policeauctions.com is run by a private company and is not affiliated with the government. It provides information and links to government-run auctions, but the site itself is part of the wholesale liquidation auction market. Items are sold as is and sometimes there are fees. You have to register to bid and get information, but it doesn’t cost anything to join the site.


Capital Auto Auction hosts weekly live auctions at each of our four locations, as well as online. Whether you attend a live auto auction or an online auto auction, you'll find quality used vehicles listed at the kind of bargain prices that typically only dealers see. Our vehicles may be repossessions, dealer consignments, government vehicles or donations. In every case, they are auctioned openly to the public so it's easy for customers to find or sell the vehicles they need. What's more, it's not just individual cars that we work with, either; through a fleet auto auction, you have a way to quickly dispose of fleet vehicles you no longer need.
Regardless of their mileage or whether they’re running properly or not, most vehicles at auctions tend to get labeled “as is” in order to prevent any headaches for the auction house down the line. So don’t go in expecting warranties or the ability to sue someone for selling you a total piece of crap. Auctions are like gambling in a lot of ways, and the only way to win is to pay to play.
You can find some information online, on government websites which will let you search your area for a particular vehicle. These sites are not limited to cars, either. You can find SUVs, trucks and motorcycles on many of them too. Doing a ZIP code search and choosing a specific model will show you all the vehicles within a certain distance from you. Police specific auctions can be found by other websites like gov-auctions, which tells you when and where the local auctions will take place.
If it looks too good to be true, chances are it is, and there’s a simple reason why. While bodywork is expensive, it pales in comparison to the kind of profit a car will turn if a high-bidding buyer doesn’t notice it. A thorough pre-bid inspection should hopefully illuminate any issues prior to putting down your money. For more info on what shoddy bodywork can hide, don’t forget to read our write-up on nine ways you can tell if a car has been in a wreck.
Find police auctions - In order to bid at police auctions, you need to find them first. Police departments will often times hold an auction to sell off the evidence that they no longer need for their cases. There are also items available at large government auction sites. There are police auctions available online for items that were seized and not claimed by their owners. It isn't that hard to obtain information about the locations of police auctions because most of the information is available online.
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With the budget and loan in place, you should start thinking about the auction’s inventory of cars and vehicles. Moms may need more seats for kids, or business owners may need trucks for hauling and transportation. Be sure to inspect the inventory closely. Do not be afraid to start the ignition, test the heating and cooling, check the seat controls, and more.
I returned home wishing I had never gone to this auction, because as someone trying to get over his junky-vehicle hoarding tendencies, I’m not strong enough to handle this kind of temptation. Sure, many of these cars were junk, but they were dirt cheap. And since most were impounded for some sort of driving infraction, there’s a decent chance they move under their own power.
Use the Public Car Auctions App by the Public Car Auction Network to stay on top of what new inventory has arrived at local car auctions in your state and also certain other states. Finding an auction location with your phone’s GPS has never been easier. The app can also provide you with telephone contact information so you can contact the auction with your questions. There is no registration or membership required to download and use the car auctions app. Finding a cheap used car is now a lot easier.
Majority of the contents from a recently closed bakery! Ovens, rounders, mixers, racks, shelving. Hobart. Sottoriva. Blodgett. Globe. Oliver. PCI Auctions is now accepting quality consignments of new or used restaurant, bar, kitchen, bakery, commercial, industrial & heavy equipment for our Consignment Sale. No liquidation is too big for us! Contact us today to find out how we can   [ View Full Listing ]
If you are in the market for a replacement vehicle, consider a local public car auction. Auto auctions are especially great for people on a budget because vehicles can run up to ninety percent less than where their market values are listed. Public car auctions are great resources for car buyers on a budget, but first timers should educate themselves. Catch up on how to take advantage of public car auctions if you are unfamiliar with the industry and its process.
What items are available for sale - You can expect to find various items at police auctions. This could be clothing, jewelry, electronics, art work, cameras, computers, tools, watches, furniture and many other items. You can also purchase vehicles at police auctions, as well as boats and even airplanes. The seized vehicles that are used in committing crimes are placed for sale where minimum bids and reserved prices are extremely rare. This means that you would be able to get these items even if your bids are low and nobody else is bidding against you.

The Auction Catalog has been prepared as a guide, and should be used as a guide only. Although the descriptions are believed to be correct its accuracy cannot be guaranteed or warranted. The Bidder acknowledges that all auction items are available for inspection prior to the auction and it is the Bidders responsibility to have inspected the item before bidding. No sale shall be invalidated; nor shall auctioneers be liable as a result of defects or inaccuracies of any lot.
 Our 1st sale today is  ESS @ 9:30 AM at 1204 28th St. Grand Rapids, MI  We then proced to ESS @ 10:30 AM at 4438 Spartan Industrial Grandville. Next is ESS @ 1:00 PM at 3512 Martin Luther King Blvd. Lansing, MI  After Lansing is Mt. Clemens & then Shelby MI .GO TO our Web Page www.tateauctioneers.com click HOME Page for all Auctions Listings, the click MONTHLY Auction Tab for this month's up-coming Auction Sales.The goods to be Sold are...
The majority of the vehicles found at local auctions will need some work done to them in order to be deemed “road-worthy.” Knowing this before you ever set foot on the grounds is a major part of deciding if this is the right way for you to source an automobile. A low bid on a crappy car has the potential to leave you stranded on the side of the road, so if you aren’t a savvy DIY wrencher, you’d better have one hell of a trustworthy mechanic.
But ordinary folk typically don’t have the means to attend high-end events like these, so we have to settle for the local auction block, with all of its police impounded “perp-mobiles,” abandoned clunkers, and donated jalopies. But regardless of what kind of crap is being auctioned off, there are diamonds in the rough that can be unearthed, and as a bidder, you stand a chance of getting one for pennies on the dollar.

In recent years, public auctions have become commonly referred to as “the mechanic’s auction,” where lots can quickly become a money pit for novice bidders. There is no guarantee on the authenticity of the mileage on the odometer here, and since it’s an auction, you can’t drive the vehicle prior to bidding on it. This is a place where flood vehicles sell for top dollar after being hastily reupholstered in the hopes of duping amateur bidders, and cars with bad engines come loaded with heavy-duty oil in order to ensure it doesn’t belch smoke or leak on the auction block.
If you are well versed in using the internet, then you can learn about these seized auctions without being present in an auction. Take away the attempt of evaluation in newspapers just log on for updated auction schedules at the auction listing websites. You can check the online items specifications, and know more about it. You can check every detail that is relevant, the auctions time and place and every relevant detail you can check.
8 Cassettes on the following 8 topics: 1. Introduction to Government Auctions 2. Government Surplus Auctions 3. Government Seizures and Confiscations Auctions 4. Government Foreclosures and Repossession Sales 5. Government Real Estate Part 1 6. Government Real Estate Part 2 7. Unclaimed, Abandoned and Specialty Auctions 8. How to Participate in Auctions
"There are two types of public auctions," explains Steven Lang, who runs a used car dealership in the Atlanta area and once owned a dealer auction (not open to the public). "There are government auctions and there are public auctions." Both are full of potential pitfalls. Here's a quick rundown on both and 10 tips for getting the most out of either. That is, if you dare to venture into the auction pit.
If a bidder is logged into the bidding page, a message will display on screen OUTBID. If you are logged out of the system, you will receive an email with the subject “You were outbid”. Within the email is a link to place another bid. If you have downloaded the CWS Auctions App on your phone, you will also receive a text alert when you’ve been outbid.
The Mission-Viejo, Calif.-based company was founded in 1999 by former police officers, who visualized a profitable Internet solution for a longstanding problem – what to do with recovered stolen goods that went unclaimed and were spilling out of police evidence rooms across the country. PropertyRoom.com now works with more than 1,800 law enforcement agencies. The roster includes police departments in New York City, Seattle, Los Angeles, Cincinnati, Indianapolis and Albuquerque.
If a dealership sends a car to auction, it’s because they decided the necessary repairs needed to make it “dealer-standard” were too expensive-often the car will looks outstanding and pass a visual inspection, and then when you get it home, you’ll find out it had a bent frame or some other major repair which can make the car quite dangerous. Dealers are in the business of making money, and if they think the car wasn’t good enough to sell, why on earth would you think it was a good bet? There’s a reason these cars go for half price at auction.
If a dealership sends a car to auction, it’s because they decided the necessary repairs needed to make it “dealer-standard” were too expensive-often the car will looks outstanding and pass a visual inspection, and then when you get it home, you’ll find out it had a bent frame or some other major repair which can make the car quite dangerous. Dealers are in the business of making money, and if they think the car wasn’t good enough to sell, why on earth would you think it was a good bet? There’s a reason these cars go for half price at auction. 

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