2001 Jeep Wrangler: When It’s Time For a Wranglin’!

wranglerLet’s start off this Friday’s edition with a fantastic deal on an excellent condition 2001 Jeep Wrangler now currently available for online auction. This sexy ride comes in an eye-grabbing red exterior and tan leather interior. It comes standard with four wheel drive, a 6 cylinder engine, 5 speed manual transmission, power steering, air conditioning, AM/FM with cassette deck, removable hardtop, engine block heater, front airbags, and only 22,472 miles! This Jeep is in fantastic condition both inside and out and at a current price of just $11,200 it’s also a total steal! Currently being held in Moffit, North Dakota, this Jeep presently has 11 online bids already placed on it and the auction will be ending in precisely 23 hours and 39 minutes; so be sure to activate your 3 day free trial right now to learn more about this and other exciting deals!

 

 

2006 BMW 650i Convertible: Live It Up

650iFirst up on the auction block is this gorgeous 2006 BMW 650i that’s now currently available for online auction and is being held in Montgomery, Alabama. This 2 door, 6 Series Beamer has a convertible top, 8 cylinder engine, power windows, power seats, power door locks, power brakes, power steering, tilt steering, cruise control, air conditioner, vinyl roof, AM/FM/CD stereo with disc changer, Navigation unit, heated seats, alarm system, factory wheels, G-Max tires, and just under 69k miles. The vehicle itself is in fantastic condition both inside and out, however we’d still strongly suggest you come in and give it a preview before deciding to bid on it. The current asking price for it is just $10,138 with exactly 12 days, 18 hours, and 23 minutes remaining. Click here now if you’d like to find out all about it.

 

What You Need To Know About Civil Asset Forfeiture

Hopefully it hasn’t happened to you, but each year billions of dollars in assets believed to be connected to criminal activity, are seized by state and local law enforcement agencies around the United States. It is a common and accepted practice among law enforcement agencies, because it helps to finance their work and supplement state budgets.

The exact value of the goods seized by state and local authorities is somewhat difficult to estimate, but at least $4 billions in assets was seized last year alone.

The most common items seized are cars, houses, and cash. The reason for this is simple: authorities typically go after things they can easily dispose of. While they can generally seize any item if it is suspected of being connected to a crime, it can be somewhat difficult to make a connection between a toaster oven and a crime. On the other hand, criminals often use their homes for illegal growing operations and drug manufacturing. Cars and cash are also easy to implicate in criminal activities, and easy for police departments to get rid of or put to good use.

Once the assets are seized, they’re often auctioned off immediately, unless the owner pays to have them stored while the case goes to trial. That’s why there are so many of these property auctions taking place all the time.

To find seized property auctions, visit Governmentauctions.org, and then head to the government auctions tab on the homepage. From there, you can select the state you’re interested in and see if there are any seized property auctions coming up. A quick search revealed one coming up in New York and another in Ohio, but there are certainly others.

Finding Profitable Things to Sell Online

Government auctions can be an excellent source of items to flip or resell online. We recently saw one gentleman buy a single lot of 100 smartphones for $30 each and then turn around and resell them online for $75-$100 each. Most of the cellphones were seized or otherwise confiscated by police departments across the country. Why was this gentleman able to get the phones at such a discount, you might ask. One reason might be that many people who attend auctions are looking for the hottest phones on the market: iphones, sumsungs, etc. However, this bidder was able to see value in some less popular brands, which he realized still sold quite well in online marketplaces. Let’s face it, when someone loses their $700 smartphone, they need a replacement, and they aren’t always able or willing to spend an equivalent amount on it, so they turn to cheaper alternatives.

We bring up this case to demonstrate that there are several important considerations that need to be made when searching for an item to resell profitably online:

Profit Margin

The reason the gentleman in the example was successful was because he found an item with a considerable margin of safety. It’s important to remember that popular online marketplaces have selling and payment processing fees, which can amount to as much as 20% of the final purchase price. In some instances, you may also have to offer free shipping in order to stay competitive in the market place. If you’re planning on doing some advertising for the items you bought, then this expense also needs to be taken into account. Because the gentleman was able to resell the phones for more than twice what he paid, he was still able to make a nice profit on each phone.

Size of the item

Smartphones are an excellent item to sell because they are small and east to ship. With large items, either you are the buyer are likely to incur considerable shipping costs, which will ultimately eat into your profits. With larger items, you are better off unloading them via a classified site or local listings. However, it might be somewhat time consuming to get rid of 100 office chairs using this method. That’s why it’s important to know how you will be disposing of an item before bidding on it at auction.

Popularity of the item

Another consideration to make is the popularity of the item in question. For instance, you might see a great deal on a piece of medical equipment that you know is worth triple the amount you will pay for at the auction, but unless you have a medical office or a hospital that is willing to purchase this item from you, there may be no way for you to unload it. Do some research before the auction, by looking up how many and at what price certain items recently sold for at online marketplaces. Information of this nature is easily obtainable, and at no cost to you.

Start searching for profitable items to resell online or in person at Governmentauctions.org. If you have a particular item in mind, click on the items tab on the homepage, then type in the name of the item and click Go. From there, you can sort by city and auction date. If you’re not sure about what you’d like to sell yet, click on the Government Auctions tab, and search for general auctions in your area.

Single Family Home In Greensboro, North Carolina: A Taste of Southern Opulence

greenzNext up on the auction block is this beautiful single family home located in Greensboro, North Carolina. Originally built back in 2008, this gorgeous 2 level brick home has a spacious 4,239 square feet of living space that rests upon a 0.94 acre lot of land. Inside of this home you’ll find 4 bedrooms, 3.5 bathroom, eat in kitchen with breakfast nook, living room, dining room, family room with gas fireplace, laundry room, mud room, and an attached 2 car garage. Addition amenities of the home include granite counters in the kitchen, a second floor office with bonus room, walk-in closets with custom cabinetry, and garden tub in the master bath. The home is conveniently located near schools, a hospital, and places of commerce. This home will be available for live auction on December 11th, 2014 and the winning bidder will be required to put down a $10,000 deposit. If you’d like to learn more about this exciting seized real estate deal then all you have to do is click here to activate your 3 day free trial!

 

2011 Ford Fusion Sedan: Fusing Power and Beauty

fuzingAre you in the market for a safe, affordable, and reliable vehicle to get you from point A to point B but still want the classic stylings of mid-ranged sedan? Well you’ve come to the right place, because now currently up for auction is this 2011 Ford Fusion sedan that’s currently being held in Sacramento, California. This four door sedan comes with a 4 cylinder engine, 3 speed automatic transmission, power brakes, power steering, rear defrost, fabric interior, air conditioning, AM/FM/CD stereo, spare wheel with tire, and just 44,105 miles. The vehicle itself is in great condition both inside and out, however an inspection of it is still strongly suggested. The current asking price for it is just $7,618 with 11 bids already placed and roughly 4 days, 23 hours, and 53 minutes remaining. Click here right now to activate your 3 day free trial right now so you can find out all about it.

 

Exhibitor Horse Van: The Comfortable Way For Horses To Travel

horsevanHave a look at this next auction deal currently taking place online for an Exhibitor Horse Van. If you’re looking for a simple, convenient, and comfortable way for you to transport your horse, then this is definitely all you need. Repairs are required and include but are not limited to: cracked paint, body rust, and worn wiring. The trailer was last service about 8 years ago and has been sitting in storage unused since. While this transporter may not be in the best condition, with a little fixing up and a new paint job, it will be good as new! The winning bidder will also be solely responsible for the transporters removal so keep that in mind before bidding. The current asking price for it is just $310 with 2 bids already placed. This auction will be ending in exactly 6 days, 23 hours, 36 minutes so if you’d like to find out more about it then all you have to do is click here right now.

 

Log Cabin in Cable, Wisconsin: The Perfect Winter Getaway Home

cable1Let’s kick Monday’s auction deals off with this charming property located in Cable, WI which will be going up for online auction in just a few days. This log cabin contains 1,480 square feet of living space and would make the ideal winter getaway retreat. Inside of it you’ll find 2 bedrooms, 1 bathroom, an eat in kitchen, living room, dining room area, fireplace, and wooden deck. The interior is made of knotty pine and overall this property is in very good condition, however a preview is strongly recommended prior to bidding. The winning bidder of this auction will be required to put down a $1,000 deposit as well so keep that in mind. Currently, the initial bid is set for just $1. If you’d like to learn more about this upcoming online auction, then we strongly suggest that you click here right now in order to activate your 3 day free trial account.

 

2004 Lexus LS430: A Decade Old and Still Looking Good!

ls430Next up on the auction block is this very classy 2004 Lexus LS 430 luxury sedan. This Lexus comes in a black exterior and is equipped with an 8 cylinder engine, automatic transmission, power windows, power seating, power door locks, power brakes, power steering tilt steering, cruise control, air conditioning, leather bucket seats, hardtop roof, power sunroof, AM/FM radio, CD changer, custom Rims, heated seats, alarm system, and much more. Sure this vehicle may have slightly high mileage at 216k, but it’s stated to be in good running shape and was well maintained. Aesthetically, it has normal wear and tear such as scuffs to the bumpers and a few dings as well, but nothing major. The current asking price for this vehicle is just $6,819 with roughly a week and a half left to bid. If you’d like to find out more about this vehicle auction, then simply click here to activate your 3 day free trial account!

 

 

Single Family Home In Norfolk, Virginia: A Recently Seized And Ready For Your Bid!

norfolkLet’s kick off this weekend edition of auction deals off with this beautiful home located in Norfolk, Virginia. This two-story brick property consists of 3,919 square ft of living space and contains 4 bedrooms, 3.5 bathrooms, eat in kitchen area, den with fireplace, formal dining room, 2 car garage, wood deck, and spacious backyard. But wait, there’s more! The interior of this home has 9 foot high ceilings; hardwood, tile and carpeted floors; tray ceiling in the master bedroom; palladium windows; ceiling fans; and the master bath has a spa tub and separate shower. This home is also equipped with a natural gas-powered generator for electrical backup. It’s also conveniently located near shops, hospitals, and schools. This property will be going up for online auction in the coming weeks so if you’d like to find out more about it and how to go about bidding, then all you have to do is click here now in order to activate your 3 day free trial account!