Auction included over 1,100 items from State and Federal agencies, abandoned safe deposit boxes, unredeemed pledged assets from various Financial Institutions, several business inventory liquidations, several estates and other consignors. Auction featured collectible coins & currency, rare art, fine jewelry, luxury watches, sports memorabilia, rugs, electronics, all types of collectibles & much more!
Although car auctions might help you in buying a dream car within your budget, it is a fact that these events are not publicized to larger extent. Experts feel that if there is an increase in the number of bidders at these auction, the final bid price will be affected. Again, dealership sale also gets affected with such flocking and it always slides down. Henceforth, you should expect that the auction information will always be hidden from the public. You should try to catch such data on websites that work as search engines for car auctions.
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.
Law enforcement has the ability to seize or confiscate the property of criminals, or property used by criminals or their associates for the purpose of conducting illegal activity. For example, a person convicted of drug trafficking or the selling of stolen property will forfeit their vehicles and any other property that is used to perpetuate illegal activity or was obtained by the proceeds of that illegal activity. When a vehicle is seized, it's held by the agency until the time of auction.
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.
Several years later, liquidators and wholesale merchants reached out to us interested in utilizing our online auction services and platform as a way to liquidate their goods. As one of our goals is to provide great deals to our shoppers we started allowing a few, hand-selected and Trusted ShopKeepers to sell on our site. Now we have even more quality goods from store close-outs or overstock products up for auction.
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.
Always take a photo of the vehicle identification number (VIN) toward the base of the windshield on cars you want to bid on at auctions. After that, walk around and check places like door jams, under the hood, and inside trunk lids, where stickers with this number may also appear. If the numbers don’t match up, or are missing entirely it’s best to move on, because there’s probably a really bad reason why it’s like that.
La Sandia Park Meadows is a Mexican eatery and tequileria by acclaimed Chef Richard Sandoval. This public online auction will include: Altosham combi therm Oven, griddle, stock pot range, salamander, cheese melter, fryers, Legion jacketed kettle, refrigeration/bar back refrigeration, sandwich top refrigerated prep tables, blast chiller, ice machines, bar back sinks, dish sinks, Calcana hanging infrared heaters, free standing patio heaters, outdoor wicker and metal patio furniture, wood tables and chairs, console tables, stainless steel prep tables, racking and shelving, lockers, carts and more.
After 2 years in business the owner of this Grabbagreen franchise location has decided to close its doors to focus on other health industry business ventures. All assets will be sold via public online auction and will include: Juicers, Blenders, Refrigeration, Under Counter Refrigeration, Convection Oven, Exhaust Hood, Food Processor, Indoor/Outdoor Tables and Chairs, Revel POS System, Smallwares and more.
This public online auction is held multiple times throughout the year as an outlet for restaurants to buy and sell their quality equipment. Auction typically includes Walk-Ins, Hoods, Convection, Steam and Bakers Ovens, Range Ovens, Counter Top Grills And Griddles, Holding Cabinets, Counter Top and Floor Mixers, Stainless Steel Sinks and Tables, Dining Room Furnishings and Decor, Tables & Chairs, Reach Ins, Under Counter and Work Top Refrigerators and Freezers, Ice Machines, Automatic and Manual Slicers, Plate Ware and Small Wares and Much More.