This site advertises auctions of seized Real Property for sale throughout the United States and Puerto Rico and includes single and multi-family residences; commercial and residential land; commercial buildings and warehouses; and operating businesses. These properties have been seized and forfeited due to violations of federal laws enforced by the U.S. Department of the Treasury. Participating enforcement agencies include: IRS-Criminal Investigations Division, Immigration and Customs Enforcement, and the U.S. Secret Service. All proceeds from the sale of property are deposited in the U.S. Treasury Asset Forfeiture Fund. This fund helps support continued law enforcement efforts and provide restitution to crime victims.
Go to a centralized U.S. government online auction site that allows you to find listings for thousands of auctions that are updated daily. You can find one by using a search engine. Most auctions run for seven days. Once on a site, you can browse between categories, or you can search for specific items. When you see an item that interests you, select it. You will be taken to the seller’s page for more information about the item.
Remember, you aren’t allowed to drive these vehicles, but you are granted access to them prior to the auction, and getting up close can reveal all kinds of hidden maladies. Look for things like paint overspray, uneven sheet metal, compromised suspension components, undercarriage rust, and anything else that looks out of place. Interior aroma is another major thing to watch out for, so be wary of things like gasoline aromas and mildew, because even though they may dissipate eventually, there’s a strong chance they represent a much larger issue.
There are many thousands of such court orders issued each year, and items that can't be returned to their legal owner are auctioned off at local auction houses all over the UK. Police auctions are an established route used by regional police forces across the country to dispose of proceeds of crime, lost and found, seized, and unclaimed stolen and confiscated property.
Seized property disputes can sometimes arise for various reasons. For instance, financing and mortgage issues can still arise, as the buyer still needs to find their own financing for the home purchase. Less common are other issues such as title defects and other concerns with the title. Since the sale is usually due to a judicial intervention, quiet title proceedings are usually not involved. However, a quiet title proceeding can be necessary in instances where the buyer discovers a defect with the title.
The goods you buy from government auctions are “as is.” Look on the “Terms and Conditions” page before bidding to understand the process. A typical auction page states, for example, that the auction site doesn’t guarantee the quality of the product in any way. Once you bid, you enter a legally binding contract, and you need to follow through with your bid.