These programs are meant to benefit taxpayers as a whole, but could they benefit you, the individual taxpayer? Can you bag a bargain at a government auction? "GSA's goal is to maximize return to the federal government," the GSA spokesperson said. So they're not giving this stuff away. In fact, the government sets "reserves" or minimums for the most valuable property it auctions off. But judging from a wide tour of current government auctions and bids, there are still opportunities to walk away with valuable goods for a great price. Here's a look at who's selling what, where, and for how much.
Depending on the agency, the government may use revenue from auctioned items to support crime-prevention programs, pay restitution to crime victims or purchase new equipment the department needs. "By providing agencies with the ability to dispose of excess assets, GSA benefits taxpayers by eliminating the need to maintain and store the unneeded property while also raising more than $300 million in revenue in just the last two years," a GSA spokesperson said.
Treasury Department Auctions: The other agency very active in holding auctions is the Treasury Department, with roughly 300 sales per year. Treasury often offers in-person previews in California, Florida, New Jersey and Texas. Treasury auctions off "property forfeited as a result of violations of federal law enforced by the Department of Treasury or nonpayment of Internal Revenue Service taxes," according to its website. There are many categories of goods, including concrete items like antiques and coins but also less tangible property like stocks and patents.
Dealers Auto Auction of Huntsville is ready for Uncle Sam’s spending spree!! Bundle up and join us Tuesday morning in the lanes for some cool deals on 450+ units!! This week our featured dealer is the Woody Anderson Group rocking the C lane with 20+ vehicles all guaranteed with the “Woody’s Word” guarantee!! We also have Credit Acceptance kicking off the CX lane at 9:30...
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Super estates keep coming in! Tonight we are offering a part of a local estate that includes green painted cabinet used at Diamond Shamrock, all sliding glass doors are included, there is a milk glass insert on the table top, used in the chemical department, also huge collection of racing collectibles including models, cars, Daytona 500 speedway tickets and programs, collectible airplanes, [ View Full Listing ]
We created a solution for law enforcement agencies nationwide. We pick-up all those seized, stolen, abandoned and surplus goods out of their Property Room, open up their public auctions nationwide and send back proceeds to the local communities. That’s also where we got our name – the Property & Evidence Room is where all these goods are stored at your local law enforcement agencies. We just shortened it to just PropertyRoom.com.
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.
After 4 Years as a Tilted Kilt franchise the owner has sold the property, closed the location and selling all assets in a public online auction. This auction to include: Chill-Rite Draught System, 60" and 52" Plasma TVs, Projectors, Projection Screens, Audio and Video Equipment, Bottle Coolers, Bar Equipment, Mixer, Cooking Equipment, Double Deck Convection Oven, Point of Sale Touch Screens, Signage, Tables, Chairs and much more.
A seized property auction refers to the sale of property that has been seized by the state or local government. The sale of the property is overseen by state or municipal government officials, and usually takes place where the property itself isolated. This usually takes place in connection with a foreclosure by judicial sale or judicial lien, but it can also involve other laws as well (such a criminal drug case).
CARE AUTO AUCTION, INC SINCE 1981 STATE ROUTE 22 EAST GAS CITY, IN 46933 PHONE 765 674 7768 BIG AUTO AUCTION--PUBLIC INVITED TO BUY OR SELL VEHICLES EVERY SATURDAY 6:30 PM UP FOR BID THIS SATURDAY30+VEHICLES SELLS NO RESERVESCRATCH & DENTREPOSSESSIONSIN-OPSGOOD TITLES CARS TRUCKS AND 4X4S SUVS VANS COMMERCIAL VEHICLES COME EARLY AND CHECK THESE BARGAINS OUT WATCH FOR OUR [ View Full Listing ]
Dealers Auto Auction of Murfreesboro is ready for the tax rush and we are stacking them deep this week with over 400+ units!! We know you love those new car trades and there will be plenty in our lanes this Wednesday from Harold Matthews Nissan, Lexus of Cool Springs and many more! City Fleet Lease will also have a run of 50+ this week! Join us at 1:45 pm and get ready to BID!!