Government Surplus - Real Estate & Excess that make Great Investing Opportunities
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.
Government surplus items sold at auctions come from all levels of government. Sometimes the government will purchase too much equipment and they will liquidate the excess at the auctions.
Quite often many of the government auction items come from businesses declaring bankruptcy. These items can be virtually anything from existing inventory to general assets including furniture, equipment, jewellery, antique items, fur coats, computers, etc.
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.
Property can be declared abandoned for many reasons: death of the owner with no heir, the owner leaving as they can't afford it, zoning laws, etc. The government always tries to find the property owner before officially declaring the property abandoned.
You can find out where government auctions are going to be held in your area, as well as the listings that will be available, through the Internet. There are many government auction websites (some are great and some are scams) that charge a membership fee to provide listings and information regarding abandoned/seized properties, and surplus items.
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
Government surplus items sold at auctions come from all levels of government. Sometimes the government will purchase too much equipment and they will liquidate the excess at the auctions.
Quite often many of the government auction items come from businesses declaring bankruptcy. These items can be virtually anything from existing inventory to general assets including furniture, equipment, jewellery, antique items, fur coats, computers, etc.
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.
Property can be declared abandoned for many reasons: death of the owner with no heir, the owner leaving as they can't afford it, zoning laws, etc. The government always tries to find the property owner before officially declaring the property abandoned.
You can find out where government auctions are going to be held in your area, as well as the listings that will be available, through the Internet. There are many government auction websites (some are great and some are scams) that charge a membership fee to provide listings and information regarding abandoned/seized properties, and surplus items.
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
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To locate reviews and ratings on the top government auction sites visit government auctions reviews or more specifically click Seized Property, Government Surplus, and Abandoned Property
posted by X - Men @ 12:32 AM
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