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Net Auctions and Auction Information |
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Police Auctions & Government Auctions Professional Resource Information
Police Auctions Information: No, a police auction is not where you go to buy a policeman. Most people do not realize that police agencies, including local police departments, county sheriff departments, as well as state and federal law enforcement agencies end up with a lot of confiscated, lost, or abandoned property. This property ends up in the agency's possession as the result of arrests, forfeitures, and just plain carelessness on the part of the property owner who sets a camera down in some public place and walks away. Once the agency has accumulated enough property they will hold a police impound auction. The purpose of the police impound auction is two-fold. First, they want to empty out their property rooms which, in the case of some state and federal agencies, may be the size of a warehouse. Second, they want to turn this unclaimed or forfeited property into cash. This cash usually goes back into the agency's budget, but it is sometimes earmarked for the particular government's "general fund". No matter where the money ends up, police auctions are usually a big money raiser for larger departments. Forfeited Property & Police Impound Auction: Items that fall under this category are usually the creme de la creme of the police auctions industry. This is where you can find anything from motorcycles and cars, to boats, airplanes, and homes! Forfeited property is generally the result of drug arrests where it was determined that the seized property was either used in the commission of drug-related crimes, or was purchased with money that was received as the result of a drug-related crime. When you bid on this type of property at a police impound auction you are agreeing to accept the item "as is". You need to be aware that the term "as is" does not simple refer to blemishes or minor damage. If, for example, you buy property at auction, and that property has tax liens placed against it, you will be expected to clear those liens before you can take rightful ownership. The same holds true for mortgages or car loans. You can find some real bargains at police auctions for this type of high-value merchandise but you need to perform your due diligence so you don't end up in red ink after the transaction. Unclaimed & Abandoned Property: You would be shocked at what kind of property that people either lose or simply walk away from. You would be equally shocked at how many honest people find that property and turn it into the police department. Ultimately, if no one claims the property, and the owner cannot be otherwise be located -- it ends up at a police auction where it is sold to the highest bidder. Auction Process: Most jurisdictions have specific laws, or ordinances, that deal with how the auction will be conducted. In almost every instance, the agency that is conducting the police impound auction is required to publish a full description of the items that will be auctioned as well as the date, time, and location of the auction. they will also publish payment terms which may be cash, money order, certified check, or any other payment method that they choose to accept. They will usually also publish additional terms such as how long you have to remove the property form the auction site once you win the bid, plus any legal disclaimers that the lawyers think need to be mentioned. This publication is normally placed in at least one major newspaper that serves the area with in the law enforcement agency's jurisdiction. The purpose of this publication is first: to notify the owner of the property that they have one last chance to redeem it before it is sold at auction, and second: to generate publicity for the police auction so that it will be well attended. Depending upon the size of the agency, and the agency's experience conducting auctions, a police auction will either be run by the police department itself, another government agency that is responsible for fiscal matters, or an outside auction company. The police auction might be held on the steps of the County Courthouse, a room inside of some government office, or a public arena. The location of the police auction depends a lot upon the size of the agency and how much property is being auctioned off. Some police auctions require that you register as a bidder in advance, while others let everyone and anyone show up at the day of the auction. Bidders are usually allotted time to inspect the goods before the actual police auction begins. You should take advantage of this time because it is a very bad idea to bid on anything that you haven't had time to inspect. Once the auction starts, you simply bid on the items that you want. Have a budget in mind and don't bid more than you're willing to pay. It's easy to get caught up in the bidding frenzy and end up paying far more than you intended to. Police auctions can be fun and profitable. Especially police auto auctions. Watch your local papers for announcements, or contact the law enforcement agencies in your area and find out when they are running the next police auctions. Government Auctions: Insiders know where to find government auctions to buy homes, cars, boats, airplanes, motorcycles - even furniture, designer clothes and jewelry. The property available for public bidding at government auctions is often surplus goods the government no longer needs or confiscated as evidence in criminal cases. Since government auctions are not well publicized, insiders can buy goods for pennies on the dollar. Whether you want to find bargains for yourself, or to resell your purchases for a profit, government auctions are an effective way to increase your net worth and bottom line. Own luxury goods at Wal-Mart Prices: When the government auctions off property, all closing bids are final. Many people attending government auctions for the first time can't believe the prices! Everything you buy at the auction is yours to keep - no strings attached. With prices this low, it feels like your stealing it - only it is yours to legally keep, courtesy of the government. If you have champagne taste but a beer budget, attend a government auction. Rolex brands have sold for Timex prices. Why buy a Ford when you can buy a Mercedes for the same price? Traveling? Put away your checkbook at the discount luggage store. Go to a government auction and spend the same money for Louis Vuitton or COACH! You never know what a government auction will have, but it can always be yours for a price well below fair market value. Starting a business with government auctions: No organization in America buys more office goods than the government. Auctions are how they dispose of surplus goods no longer needed. Computers, desks, office chairs, AV equipment, copiers and trash cans - the government auctions them all off. Conserve your capital for operating cash and profits. Smart business people find the office equipment they need at government auctions. Imagine the thousands of dollars you could've spent on furniture and computers while you write out your check for pennies on the dollar at the government auction. Since our government buys the best, you know the auction will be loaded with bargains to keep your business humming along. When you are ready to start or expand your business the smart way, begin your office equipment search here at the auctions. Making government auctions your business: After attending your first government auction and experiencing great values firsthand, you may decide to start your own resale business. Many people buy cars for hundreds of dollars and resell them for thousands of dollars. Some people spend a day at a government auction procuring goods and bring them home to sell on their own. E-bay is a popular way for people buying goods at the government auction to resell them right from home. Without a retail store, you can save thousands in business expenses during the year. Your on-line business you can create with government auctions is limited only by the size of your garage! Become a power seller! You "Don't Need Experience" to bid at a government auction If you can hold up a bidding number, you can win at a government auction. Of course, with any auction, you will want to inspect the items you are interested in buying before the bidding begins. If you are interested in a computer, but could not turn it on to see if it worked, how much would a non-working computer be worth to you? Since all sales are final, there are no returns. Avoid disappointment, and don't bid on anything you can't personally inspect. Government auctions provide amazing values, but don't lose your common sense in all the excitement. Know how much the property is worth before the auction begins, and your experience at the government auction will be a positive one. Http://DEAauctions.COM is an unchallenged leader in the Auction information Industry and will transform the way you search & locate the Billions of dollars in property that is auctioned off throughout the country every year.
MORE RESOURCES: Car of the Week: Arguably the Most Important Ferrari in Existence Could Fetch Nearly $8 Million at Auction Robb Report Just Press Play owner auctions more rare video game memorabilia towards future opening of 'mega store' LNP | LancasterOnline Lost Claudel sculpture found in Paris flat fetches $3 million at auction FRANCE 24 English Will anyone pay up for beleaguered Tacoma Town Center parcels? November auction looms Tacoma News Tribune New England Auctions’ Needlework Shoppe Sign Trades High Antiques and the Arts Online Continuation funds continue to boom as vehicles used to derisk auctions — Dealspeak EMEA ION Analytics Treasurer Pack Launches Online Firearms Auction for First Time in Office History West Virginia Daily News Community urges fresh food access as vacant grocery store goes to auction in Dundalk - wmar2news.com Brazil's cenbank announces $3 billion dollar auction with repurchase deal on Tuesday - Yahoo Finance Stridin' & Survivin' 2025 Dinner Auction RiverBender.com Philippines’ renewable auction oversubscribed with more than 7.5 GW of bids Renewables Auctions and the Energy Transition Swine Scholars Auction raises record amount National Hog Farmer Coming Soon: Outdoor auction goes annual with garden gems, nautical finds LA Downtown News Online Laramie County commissioners agenda includes wildfire grant, sheriff’s vehicle auction Cap City News Support 7 reception and fundraising auction April 12 in Lynnwood My Edmonds News Doomed from the outset? Concerns for the government’s High Street Rental Auctions scheme CoStar Group Jackson Holliday's Topps MLB Debut Patch To Join Paul Skenes' On Auction Block Next Month Baseball America Church holds online auction The West Milford Messenger Special Chabad Auction COLlive Asset forfeiture auction returns in Hawaii now online KITV Honolulu Midcentury Modern Desk Finds Its Partner In Cornell’s Valentine’s Day Auction Antiques and the Arts Online BTS at auction with Bardstown Bourbon The Spirits Business Kennedy Family Ephemera, Dada Posters, Hardy Boys: Auction Preview Fine Books & Collections Magazine State hosts first online asset forfeiture auction Hawaii News Now Sheepgate Fundraising Vehicle Auction Set For March 1st KNIA KRLS Radio Scotland’s Peterhead, Shetland auctions see prices for large cod rise once again - Undercurrent News Waterfront mansion on 15 acres in St. Johns heads to auction Jacksonville Business Journal Bnos Menachem Unveils Inaugural ‘Insider Auction’ Anash.org - Good News 1,000 HP EXOMOD C68 Carbon HELLCAT Redeye Up For Auction Mopar Insiders Multiple East Texas Dairy Queen sites among auction list The Henderson News Greg Beckwith Throwback Jerseys - No. 3 RIchmond Spiders Athletic WoW The Black Market Auction House Guide Esports.gg Buffalo Trace Is Auctioning off an Entire Barrel of Pappy Van Winkle. You'll Never Guess How Much It Costs Men's Journal WYDOT auctions off 'Welcome to Wyoming' signs Wyoming News Now Some East Texas Dairy Queens among locations up for auction Moore County News Press Camille Claudel sculpture sells for $3 million at French auction FRANCE 24 English Diboll Dairy Queen among two dozen Texas locations closed, with contents up for auction Lufkin Daily News Family of Packers Hall of Fame quarterback Zeke Bratkowski puts Super Bowl rings up for auction Green Bay Press Gazette RICHARD JOHNSON: Jay Leno auctions private garage tour for cancer charity New York Daily News Plaxico Burress Auctions Super Bowl XLII Ring Finance Monthly Bonds Retreat to Recent Range Ahead of Auctions, Powell, CPI Mortgage News Daily Brazil’s cenbank announces $3 billion dollar auction with repurchase deal on Tuesday Blue Water Healthy Living Whole barrel of Pappy Van Winkle bourbon is available for first time in Sazerac auction Lexington Herald Leader Game-Used Items from 4 Nations Face-Off Being Sold at Auction Sports Collectors Daily 24 Texas Dairy Queens from Panhandle to South Texas up for auction. Here's what we know LubbockOnline.com New Fairfield official’s home set for foreclosure auction; Lindsey says 'we are not losing our home' Danbury News Times The imminent unlocking of 11.2 million Solana (SOL) from FTX’s bankruptcy auction: impacts and prospects The Cryptonomist Bay Area artists lead protest against Christie’s AI art auction San Francisco Chronicle Global auction house shifts focus to younger consumers Jeweller Magazine Works by Ed Ruscha, Helen Frankenthaler, and More Headline L.A. Fire Relief Benefit Auction artnet News |
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