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Seized Property Auctions - Treasures for Bargain Hunters!

Sep 16, 2008
Seized property offered through government auctions and police auctions are a bargain hunters dream. The wide range of new and used merchandise sold is astounding, and the prices are as low as 10% of market value!

What is seized property? Most states have "seizure laws" in place. These laws allow law enforcement agencies to seize property that was used to commit a crime, such as a car or truck used to transport stolen goods or illegal drugs, as well as any real property that was bought with money acquired from the commission of a crime.

If a drug dealer uses the money he acquires from drug trafficking to buy a car, truck, boat, even a house, they come under the "seizure law" and will be confiscated. Furniture, jewelry, art, electronics all can be seized.

The scope and quantity of seized property offered at government auction is staggering. You can buy aircraft, boats, cars, trucks, vehicle parts and accessories, clothing, computer equipment, recyclables like copper, iron, steel, aluminum and paper, houses, farms, acreage, antiques, collectibles, jewelry, hardware, tools, medical equipment, household furniture, boatsthe list goes on and on. Anything you can imagine can probably be bought at these government auctions or police auctions, usually for pennies on the dollar.

These auction goods can also be merchandise that was seized by Customs. The seizure might be for smuggling, or improper importation, even failure to pay import duties or taxes. The US Customs agency often seizes entire cargo containers full of property. Many times, these consist of brand new merchandise that was originally intended for retail store sale, and are now being liquidated through a government auction.

Government auctions and police auctions are held by hundreds of individual agencies, from federal government agencies like US Customs, the IRS, FBI, and DEA, down to your local city government and municipal sheriffs departments. Each agency conducts it's own auctions, some online, some at specific locations.

How would you actually find all these seized property auction treasures? You can look through individual listings, but since each agency holds it's own auctions, and change daily, you will miss most of them. A much better alternative is to join a government auction membership site that compiles all those listings together in one place. Since membership sites vary in cost and features, you will want to check out reviews such as those found at Government Auction Site Reviews.

Seized property auctions are literally treasure troves of merchandise. With a little time spent looking, you can find those deals of a lifetime on virtually anything in the world!
About the Author
For a free evaluation of the top government auction sites check out government auctions reviews or more specifically click Seized Property .
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