Government Acquired Properties & Surpluses = Great Deals
Government surpluses and abandoned properties are sold at government auctions to the general population at discounted prices. There are government auctions held in every state many times a month. No matter where you live in US or Canada, you'll be able to find great deals at these auctions. Consider the investment possibilities or even starting your own business.
The government surplus items sold at government auctions are items not required by the federal, state, and local government. These items can come from the government purchasing more than they needed, or technological equipment that has been updated.
Items sold at government auctions can also include items from a bankrupt businesses. Items examples could include furniture, jewellery, electronics, miscellaneous equipment, and more. Government auctions may not be the first place that comes to mind when buying these items, however, it is definately where you can get that best value on both used and new items.
The seized properties offered at these auctions can include foreclosure homes, bankrupt commercial properties, properties owned by convicted criminals, and more. Police have the right to seize a property if the owner is convicted and has to serve time in prison. The most common reason for property being seized is because their owners have neglected to pay their mortgage and/or taxes.
A property is considered abandoned if the owner dies and has no known relatives alive to inherit, or if the owner walks away from it for whatever reason. This can happen if the owner feels the house is worth less then he currently owes. This has been happening quit often lately in a declining housing market.
So how can you attend government auctions? You can find out where and when they will be held in your area by searching the Internet. There are numerous government auction membership sites that will offer you details on the abandoned/seized properties, and government surplus items that will be offered in your area.
Read government auction reviews on the web to find out where the best membership deals are. This will help prevent you from falling into the many scams that are on the web. - 23200
The government surplus items sold at government auctions are items not required by the federal, state, and local government. These items can come from the government purchasing more than they needed, or technological equipment that has been updated.
Items sold at government auctions can also include items from a bankrupt businesses. Items examples could include furniture, jewellery, electronics, miscellaneous equipment, and more. Government auctions may not be the first place that comes to mind when buying these items, however, it is definately where you can get that best value on both used and new items.
The seized properties offered at these auctions can include foreclosure homes, bankrupt commercial properties, properties owned by convicted criminals, and more. Police have the right to seize a property if the owner is convicted and has to serve time in prison. The most common reason for property being seized is because their owners have neglected to pay their mortgage and/or taxes.
A property is considered abandoned if the owner dies and has no known relatives alive to inherit, or if the owner walks away from it for whatever reason. This can happen if the owner feels the house is worth less then he currently owes. This has been happening quit often lately in a declining housing market.
So how can you attend government auctions? You can find out where and when they will be held in your area by searching the Internet. There are numerous government auction membership sites that will offer you details on the abandoned/seized properties, and government surplus items that will be offered in your area.
Read government auction reviews on the web to find out where the best membership deals are. This will help prevent you from falling into the many scams that are on the web. - 23200
About the Author:
To discover the best government auction sites check out government auctions review or more specifically check out Seized Property, Government Surplus, and Abandoned Property
posted by X - Men @ 11:56 AM
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