Obtaining property through a government auction can often be very beneficial for the buyer. However, there can be many legal issues involved that must be approached carefully. You may need to hire a real estate lawyer for assistance when participating in a seized property auction. Your attorney can provide representation and can help represent you in court if you need to attend court hearings.
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!!
For the past 25 years Trout Machinery, Inc. has been one of the western region’s largest and most reputable independent used medium-duty truck and used equipment dealership. The owners are retiring this fall. Owners and staff have worked very hard over the years to maintain a A+ Better Business rating which is representative of their commitment to sell excellent job-ready, mechanically and visually reconditioned inventory. Trout Machinery will be selling approximately 7 medium-duty vocational trucks, 4 forklifts, 10 trailers, 200+ lots of tires and compressors, man lifts, containers, plows, forks and buckets all work-ready. The public online auction also will include hundreds of lots of specialty shop lathes, presses, welders, band and chop saws, bench grinders, stocked bolt bins, and paint blasting equipment.
Dealers Auto Auction of Chattanooga is ready for March, ready for tax time and ready for you to join us in the lanes this Thursday!! We are getting this month off to a great start with Volkswagen/Audi running 150+ this week!! The Mtn View Group has 80+ waiting on your bid and all come with a FREE 30 day float!! GSA is also in the house with 30+ units!! We have a BIG announcement, so mark your...
Going, going, gone! Live auctions are always exciting and entertaining whether you're the bidder or not, and government auctions are no exception. Make sure you don't miss your cue to bid. If you're not clear on how bidding progresses, ask one of the auction company officials. Some items will have an undisclosed set minimum bid (reserve), while most items will be offered without reserve. Most auctions will also accept in-absence, written bids if the bidder follows special procedures and the bid is received more than a day before the auction.
Several different federal agencies hold government auctions. The General Services Administration is the granddaddy of them all, because it sells on behalf of other departments. When a federal agency no longer needs something — say, a pickup truck — it reports the truck to GSA, which first offers it to other federal agencies and then to state and local governments or nonprofits. If nobody claims the truck, then the GSA auctions it off to the public, and you get your chance at it.
Bids can be made online for Internet auctions, or in person for live auctions. Accepted forms of payment typically are major credit cards and checks, and payment is due at the time of the close of the auction. Details may vary among auction houses and the state the auction is held in. As with all auctions, the vehicle is sold to the highest bidder.
Tallahassee Auto Auction offers cutting-edge simulcast online sales, electronic payment options, and custom online sales programs for banks and credit unions. In addition to expanding markets geographically, our online database allows pre-sale vehicle searches that match buyers and sellers exactly, driving even greater success at the auto auctions.
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.
The public may view the vehicles from 7 a.m. to 9 a.m. the day of the auction. In order to bid on a vehicle, you must be registered with the Impound Lot before 9 a.m. on the day of auction. Registrations will not be processed after 9 a.m. There is a $5 fee to obtain a bidder number for the auction. You must be 18 or older to bid. Additional attendees with a bidder are $1 each, including children. One person in each party must register as a bidder. Everyone in your party must be present when the bidder registers in order to be allowed in for the attendee fee of $1. The bidder's name will be the name the Bill of Sale is printed in. This cannot be changed.
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.
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!
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.
If it looks too good to be true, chances are it is, and there’s a simple reason why. While bodywork is expensive, it pales in comparison to the kind of profit a car will turn if a high-bidding buyer doesn’t notice it. A thorough pre-bid inspection should hopefully illuminate any issues prior to putting down your money. For more info on what shoddy bodywork can hide, don’t forget to read our write-up on nine ways you can tell if a car has been in a wreck.