Did you know that an average of 15,000 seized items are auctioned off to the general public annually with a gross sale of over $75 million? That's right, every single day real estate, jewelry, automobiles, aircraft and other sought after items are seized by the government and offered up to the public by means of live and online seized property auctions. These seizures may be due to a number of reasons, many of which shall be addressed. GovernmentAuctions.org specializes in aggregating the most up to date information on government seized property auctions from the federal, state and local governments and places that valuable information within our easy-to-use database making your search for any seized property a cinch. Now, there are a number of different possibilities for why property may be seized. One of the most common reasons for property acquisition is due to ill-gotten gains. If, for example, a drug dealer were to purchase a yacht with the money he earned from dealing drugs and was then caught, that yacht would be seized and then officially auctioned by the U.S. government or the state or local. Another reason for a seizure may be due to tax debt and therefore an acquisition of the property to satisfy outstanding income or property tax obligations. Items range from not only boats and houses, but jewelry, furniture, fine art, clothing, and automobiles as well.
Some of you may be skeptical, which is normal, but we invite you to take the ultimate test. We at GovernmentAuctions.org are allowing you activate your free trial, so that not only will you have access to hundreds, even thousands, of seized government property auctions; but we you that you'll find some of the most unbeatable deals ever seen on the net. We're not saying you'll walk away with a diamond Rolex watch or House in Beverly Hills for $20, but you very well might find the deal of a lifetime - it's been known to happen many times.
Real estate is not only one of the most popular types of seized government property up for auction, but it's also one of the most lucrative. It's always been a hot commodity even during sluggish economic times. This is mainly attributed to the practice of purchasing well below market value and reselling for a price near or above market value, or simply waiting for the real estate to appreciate over the long term. Often times these homes may require repairs so additional investments might have to be made; however, once the property is fixed-up, the potential profit from the sale could be astounding. Purchasing government seized properties is one of the best opportunities for to make a quick buck or to make a long-term investment.
The truly great thing about our service is the convenience. Not only will you find out about local live seized property auctions in your area, but we have an abundance of information pertaining to online seized auctions as well. Generally smaller items such as watches, clothing, rare collectibles, and antiques are sold at these online auctions but it isn't uncommon to find real estate as well. The amazing thing about these types of auctions is that you don't even have to leave your home to participate. If you're the old-fashioned type then a live seized property auction would definitely be more suitable for you.
oth online and live government seized property auctions are open to the public and completely free to attend. Since there is always additional merchandise and seized properties coming in, it's important and in the government's best interest to have the general public attend their auctions free of charge so that they may "move" their goods as quickly as possible. These types of auctions are held in every state and GovernmentAuctions.org is here to help provide you with the most in-depth coverage and information that you won't find anywhere else. So join today by activating your free trial account.