The government and local law enforcement agencies will seize all forms of real estate. Houses, undeveloped land, businesses, commercial property can all find its way to government seizure auctions. And much like other property it can be had for well below market value. When real estate or house is seized everything inside the building and everything it contains has to be dealt with as well. This can be another great way to furnish your home for a lot less than the retail price. Plasma TVs, Xbox's, Wii, Playstations, stereo equipment, couches, dining room sets, and just about any other household item you can think can be purchased at big discounts like art work, antiques, jewelry, and designer clothing. There is no shortage of stuff to bid on at an auction. People who run afoul of the government soon find all their stuff being auctioned off at the seized auctions events, including the clothes off their backs. It is the government's way of recouping money that otherwise would fall on the taxpaying public.
US government car auctions offer cars at great prices. The most imperative thing, which you should be aware of, is the timings of these local vehicle auctions. Apart from that, the other two things, which should be on your checklist, include: Vehicle Identification Number (VIN #) of the vehicle for running through the CAFEX website to acquire its past history and the warranty periods associated with it. Again, you should remember that these cars are to be brought at the least possible price. So, you should avoid bidding high even if the pair of wheels is too attractive to miss out.
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.
Please consider that if you provide multiple deposit checks, and you are the Back-up Bidder for a property, one of your deposit checks will be utilized for that property, and will not be able to be applied to bid on another property. As the back-up bidder, your deposit check will be returned within three business days of receipt of the High Bidders full deposit. Please see Terms of Sale for details regarding the Back-Up bid deposit.
GovDeals is the official portal to government auctions, which range from land to computers to cars. The site's categories include surplus and confiscated items from various government agencies. The rules and regulations vary depending on the participating agency, and you deal directly with the agency after you are awarded your bid. The deals are great, but be sure to inquire about packaging and shipping of an item before you place your bid because most sellers do not ship, pack or palletize. You may be responsible for picking it up or paying someone to transport it.
Log onto PropertyRoom.com, a Web site which auctions stolen property that law enforcement agencies were unable to return to the rightful owner. The auction is run much like eBay, and its product mix is arguably just as eclectic. Thanks to the criminal mind, the inventory, unfortunately, is endless. Stereos, guitars, laptops, jewelry, bicycles and designer clothes are all available for a fraction of the original value.