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US Government Auctions

 
US Government Auctions bargains! Who sells luxury cars for thousands less than any dealer? Who offers boats, planes, houses and jewelry for unbelievable prices?

The Government, that's who! Most people are completely unaware of the bargains that can be found in the most unlikely of places: the Government!

We're used to reading about the Pentagon paying $59.00 for a wrench, about the national debt rising higher and higher, so it's excusable to not think of government and US Government auctions or "sales" in the same sentence. Yet nearly every level of Government from city and town on up through county, state and federal, has possession of excess property that must be disposed of. If this can be accomplished and money raised at the same time, why not? We want government to be fiscally responsible, right?

 
     

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Each year, millions of dollars in possessions are seized, repossessed or ordered in surplus by the US Government. Fortunately, the law requires the Government to offer these items to the public. The most common method of parting with this overage of property is through US Government auctions sales.

Auction shoppers can find almost everything they need. These affairs offer a unique opportunity to the right person – purchases at bargain basement prices which you can turn around and sell at a profit! The money to be made staggers the imagination. US Government auctions

From property seized by police officers or customs officials to repossessions by the Department of Housing and Urban Development, there are thousands of items of all types available at rock–bottom prices at US Government auctions.

Whether you're merely buying for yourself or seeing this as a line of business that could make you a substantial profit, the key is to identify and locate these US Government auctions.

You name it! Houses, cars, jewelry, yachts, government farm equipment, computers, firewood – it's there for the bidding … and the buying! And, eventually – the selling for profit!

You don't need much experience to buy at US Govt. auctions. You are already familiar with what many of these items cost today on the open market. If you buy it far enough below market value, you can still sell the property yourself at a discount and make a handsome profit.

If you yourself have always wanted to own a luxury yacht, here's your chance. You'll never find your dream purchase at a lower price.

You could even start a second–hand store or set up shop at a flea market or swap shop to peddle your merchandise after you've acquired it at US Government auctions. Many of these places are havens for shoppers. You've simply gone them one better by obtaining the good (s) at an even lower price than they'll pay–– and they’ll be pleased with their "bargain".

The purpose of this webpage is to point you in the right direction to find out about the various auctions that are held by virtually all branches of Government.

There are open–bidding auctions, where you shout out the dollar value you're willing to pay following a minimum bid requirement called by the auctioneer. There are also sealed–bid auctions where you submit the price you're willing to pay. You get only one shot at that type of bidding.

Be careful with the open bid auctions. You can become so focused on a particular piece of property that you end up in a "bidding war" that ends up with your paying more than you should and cutting well into your eventual profit. Be disciplined! Set a dollar limit ahead of time so that you can let certain items go if the bidding goes too high.

This is a business now, so common money sense is important. You must now think in terms of expenses vs. revenue.

If you have a certain hobby or interest, property in this area may be your natural market. If you specialize, it can help you concentrate on only those items in the large auction areas where there are hundreds of people bidding for thousands of goods. Your focus will be in your area and you'll soon be an expert on costs, prices and resale’s of this commodity.

US Government auctions can be hyped up – to the point of temptation to overbid. Don't do it! Remember your goal, your budget and your knowledge of what things cost and you'll do very well.


Frequently Asked Questions

bullet

Which Government Agencies normally have Auctions and Sales?
- Department of Treasury;
- IRS;
- Department of Defense;
- FDIC;
- HUD;
- United States Postal Service
- Small Business Administration
- Bureau of Land Management

bullet What type of merchandise is sold at government auctions? - Almost every product that is for sale in the United States will at one time or another be available at Auctions. This is a partial list of the most common items : Automobiles, Trucks ,Vans, Buses, Jeep Cherokee, Motorcycles, ( Most Vehicles are in excellent condition, with low mileage. at G.S.A. Government Auctions.), Boats, Ships, Airplanes, Cameras, Office equipment, Computer equipment, Building Materials, Electronic Equipment, Farm Equipment, Homes, Commercial Real Estate, Bicycles, VCRs, Stereos, Power Tools, forklifts, Audio Visual Equipment, and much more.
bullet Why does the Government sell goods at auctions? - All Government Agencies rotate their inventory on a regular basis. Government Agencies are mandated by law to put their surplus up for public Auction. The two largest agencies who sell government property are U.S. Customs (seized merchandise) and the GSA.
bullet Where Does All This Merchandise Come From? - Most merchandise that ends up in government auctions is surplus. Goods that are over stocked, no longer needed, or updated. Real estate, Commercial property, and Homes are sold as surplus. When the government no longer has a use for them. Or the property was seized. Or went in to foreclosure from a loan default.
bullet Who can attend these auctions? - Any one can attend. These auctions are open to the Public.
bullet How good are the Prices? - The prices vary from auction to auction. To get the best deals on Vehicles, Airplanes, and Boats, the GSA Government Auctions, and U.S. Customs Auctions are the best to attend. To pick up TVs, VCRs, and Household goods, a local Police Auction is your best bet.
bullet What must I do to bid at a Government Auction? - Almost all Government Auctions have some type of registration. You will have to show some form of identification. When you are registered you will be given a bidding number. This Number must be shown to the auctioneer when you make a bid. The auctioneer will only accept bids from registered bidders.
bullet Is Auction merchandise sold "as is"? - Yes, in almost every case Auctions sell "as is".
bullet Can I inspect the merchandise before I bid? - All Auctions have an inspection period. It can range from a few hours before the Auction to a day or two.
bullet If I buy something when can I take it home? - All items must be paid for in full. Before they can be removed from the Auction site. In the case of motor vehicles title will be transferred to you when they are paid for in full.
bullet What forms of payment can I make? - Cash is always accepted. Cashier's Checks, and Post Office money orders, are the preferred forms of payment. Some Auctions if run by a private company will take Visa, and Master Card. Always check with the Auction to be safe. US Govt. auctions. Good luck!

The Insider's Handbook To US Government Auction Sales - Do you want to buy a home, car, computer, furniture or other goods from the federal government? Do you want to get an amazing 25%, 50% or Even 90% Off Property, Vehicles, Boats, Computers, Land, Antiques, Household Goods...?

The Insider’s Handbook To U.S. Government Auction Sales... will help you ensure you know where exactly to get your hands on these bargains!

US Government Auctions
- US Government Auctions - Police Auctions - Billions of Dollars in Seized Property is Auctioned off Every Year at US Govt. Auctions and Police Auctions. That's right -BILLIONS. And most people don't know where or when these US government auctions and police auctions are taking place! That is why cars, trucks, boats, real estate, jewelry and many other items are being sold to the highest bidder for pennies on the dollar.

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