Wednesday, April 2, 2008

Buying Cheap Properties at Government Seized and Surplus Auctions

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by Andrew Bicknell

It's hard to find anyone who doesn't want to save money when buying big ticket items. There is no better feeling then buying a new car or a piece of real estate and knowing you got a great deal. If you are one of these bargain loving individuals then government seized and surplus auctions could be the perfect place for you.

Every year the government seizes thousands upon thousands of vehicles and other property as a result of criminal activity, tax liens, defaulted loans, and to pay back taxes that are owed. At the same time federal, state, and local governments replace their own properties which leaves them with a surplus of goods that need to be gotten rid of. Because storage space is limited and costly it is in these agencies best interest to get rid of these properties as quickly as possible. The best way to do this is to auction these seized and surplus properties off at discounted prices to the highest bidder.

The government has been auctioning off seized and surplus stuff for years but only those in the know knew about it. This has changed with the coming of the internet which has brought the auction scene to the general public. These auctions have always been open to anyone who wanted to attend but in many cases most people didn't know about them let alone when and where they were being held.

That's the beauty of the internet auction site, it will give you an updated list of auctions times and places along with the ability to preview the properties that are to be auctioned off. Government agencies are more then happy to provide information to these sites to help expedite the sale of these items. You will also find tips, tricks, and techniques to help make your auction experience a successful one.

Most of the goods and property found at these auctions are in good working order and have been well cared for. Even so it is still in your best interest to gather as much information about the items you are interested in before placing a bid. The good online auction sites will give you the ability to do this background research and better prepare you for the day the bidding starts.

Buying cheap properties at government seized and surplus auctions is a great way to save money. With online auctions now available it is now easier then ever to find and buy exactly what you are looking for.

To learn more about saving money at government seizure and surplus auctions please Click Here for Free Government Auctions.

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