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.
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!!
Internet auctions typically last seven days, and operate like eBay auctions. Each listing links to the auction house website where bids can be placed. From that site, bidders are asked to register in order to bid on a vehicle. Live auctions are public auctions held at a specific date and location and are usually published in newspapers in addition to the online listing at GovSales.
HM Customs & Excise often enter items for auction seized from smugglers, fraudsters and racketeers. Executors may enter the assets of individuals dying in testate (i.e. without leaving a will) or in debt. The official receiver handles the liquidations of companies that have failed. Bailiffs will enter goods into auctions which have been seized for various reasons such as non-payment of bills or failure to keep up payments to finance companies.
After 40 years in Business on the corner of Buchtel Blvd and South Pearl Street, Buchtel Motors will be closing and selling their remaining assets at public Auction. Auction will include, (2) Vehicles, Western 9,000 lb 2-Post Lift, (2) Rotary 7,000 lb 2- Post Lifts, Rotary 9,000 Lb Inground Smart Lift, Hunter Tire Changer, Hunter Wheel Balancer, Ammco Brake Lathe, Shops tools and Equipment, Storage Cabinets and Work Benches, Porcelain Automotive Signs, Office equipment, Ipads and assorted inventory.
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.
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).
In early 2015, we made the decision to help our clients auction this piece of property & evidence through innovative solutions that not only fulfills this requirement for many agencies, but also supports public safety as in many jurisdictions the proceeds from these auctions can be used to purchase products like wearable body cameras, tactical gear and more.