Don’t Get Scammed Looking for Government Surplus Auctions
Government auctions
Government auctions are good way to vehicles, goods, and real estate at a discounted price. Many online companies and fraud artists take advantage of this fact. When searching for items auctioned by the government, refer to this article before paying for any guides.
What types of auctions does the government hold? You will find government auctions sold using the sealed bid method in which property offered for sale is described including the terms and conditions of the sale. The bids are submitted mail. Government agencies sell items by public auctions one by one through an auctioneer. Sealed bidder auctions are used allowing bidders to place sealed bid and the highest bidders are allowed to participate in a public auction. Spot bid auction require bidders to attend the sale with a place their bids in written form. Some government auctions are sold with the negotiation method. This is generally used for real estate. Government auctions are also sold on a first come, first served basis in a fixed price sale.
What government agencies auction confiscated items? You will find government auctions run by the U.S. department of agriculture, which sells trucks ambulances vehicles etc. The department of defense disposes of property from the military services like that and issues furniture, clothes, computers etc. The United States department of housing and urban development (HUD) often sells homes that have been foreclosed to the public and nonprofit agencies. Personal properties, Real estate, vehicles and even aircraft’s are sold by the United States marshal service (USMS).
NASA sells millions in surplus and personal property every year.
What do I need to know about the auction? To attend a government auction you would need to know the time, date, and location of the auction, rules and restrictions the auction that you are attending, as well as the forms of payment that will be accepted.
Looking for Army Surplus Vehicles for $1.00? Forget about it. It does not exist. Anything that can be purchased for $1.00 is only worth $1.00. If you find advertisements promoting army surplus jeeps for auction, this should alert you that you are getting incorrect information at best. Do not purchase their materials. Instead, look for government auctions in your newspaper and classified or business sections. Listen for news of government auctions on your local radio stations on at your post offices, town halls and other local and Federal government buildings. Trade journals, periodicals and other Federal information websites will advertise government surplus arguments, as well.
