Government auctions, we have all heard of them but not many people really know how they work or what they offer for that matter. The reality is that government auctions happen everyday all around the country and are generally open to the public. Many government agencies offer a variety of goods that have been seized or are unclaimed or are surplus items. Some of these agencies are General Services Administration,FBI, IRS, DEA, U.S. Marshals. Real estate, personal property, automobiles, boats, planes are just some of the bargains to be had.
Government auctions sell a wide variety of land and buildings. Houses, land, apartment buildings, farms and commercial buildings are some examples. The IRS a large source of these seizures due to nonpayment of internal revenue taxes. Some tax deed auctions take place at local Court House steps and are announced in local newspapers. Other auctions are held at the property being sold.
Vehicle auctions are another great bargain source. Fleet vehicles for the government are leased by the U.S. General Services Administration and when the lease term ends these vehicles are auctioned off. State police departments, Department of Transportation, city and county law enforcement agencies all seize vehicles and personal property for different illegal activities. All types of vehicles are available at these auctions ranging from SUV’s, coupes, vans, trucks, minivans, work vehicles and much more. If the government drives it, it can be bought at an auctions.
Property and vehicles are the two most popular government auction items but there are many more. Jewelry, antiques, computers, office furniture are others. You can even adopt a wild horse through the U.S. Treasury Department. It seems that all items either bought or confiscated by the U.S Government ends up on the auction block at bargain prices.
How does a person find these bargains? There are many sources of auctions. Local newspapers, government websites, and of course there are online companies that make it their business to inform people of there opportunities. As you have seen there are many government agencies providing a plethora of items to buy. You can spend many hours researching these sources but you may want to cut to the chase and use an online site that specializes in government auctions. This will certainly save a person many head aches and frustration surfing the web.
One such website claims to be the preeminent membership-based web site for bargain hunters that helps its users find and participate in government auctions of seized and surplus property in the US and Canada. It also provides its members with access to its nationwide database of real estate foreclosure listings across the United States. And right now they are offering a FREE TRIAL which will give you immediate access to their database so you can check it out.