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.
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.
Any dispute arising as to any bidding shall be settled by Auctioneer at his sole discretion, and Auctioneer may put the lot in dispute up for sale again. Auctioneer reserves the right to refuse any bid, which it considers to be an insignificant advance over the preceding bid. No person shall bid on any lot of which he is the Consignor, agent, associate, or on behalf of the Consignor.
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.
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.
This is an immediate liquidation of all items. Every single lot starts at just $1.00. EVERYTHING MUST GO. Another month is here and we need to liquidate our entire warehouse. Some really great items have hit our floor and Seized Assets Auctioneers currently has over 1,100 new lots in its possession. Look for a strong mix of Jewelry, Vintage Coins, Sports & Celebrity Autographed Memorabilia, Fine Art, Land/Property, Sports Cards, Rolex Watches, Vintage Automobiles and even an Elvis & Disney Merchadise. More auctions will follow. Keep on the look out for more Siezed Assets Auctions.
Private auctions are held on-site at your dealership. Each vehicle is driven either underneath the tent in front of a self-contained mobile operations unit. In some cases we can even transform a building at your dealership into an auction arena. These dealer only auctions are conducted live by an auctioneer and are designed to sell 40-200 vehicles. Operated much like a conventional auto auction, these private auctions are easily adapted to the specific needs of your dealership, with even simulcast sales available.