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Seized Cars
All makes and models, cars, SUV's, trucks and more auctioned up to 90%
off the retail value. |
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Seized boats and vessels
Get in the big auction, the world's largest boat liquidation company. |
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Real estate
Find and bid on HUD homes in your area. Buy land for pennies on the
dollar. |
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Personal property items
Jewelry, furniture, office equipment, collectibles, antiques sports
memorabilia and more. |
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Unclaimed money
Americans have some 15 billion dollars in unclaimed funds waiting for
them to claim. |
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Millions of dollars of seized and unclaimed
property. |
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Thousands of great deals including cars, houses,
boats, jewelry, antiques, and much more. |
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Auctions on behalf of local, state, and federal
law enforcement agencies. |
More Info:Real Estate
Vehicles Boats Jewlery
Carpets Wearing Apparel
Aircraft Business Opportunities Electronics
Most property is seized due to trade violations, trademark or
copyright violations, smuggling, drug trafficking, money laundering,
credit card fraud, food stamp fraud, mail fraud or other illegal
activity. However, not all property is seized. Other property sold at
the auctions are General Order merchandise. This property was either
abandoned at ports of entry or duties/taxes were not paid.
It is strongly recommended that you attend auction previews.
The preview is the only opportunity you have to get answers to your
questions regarding merchandise, since items are sold "as-is" and all
sales are final. Merchandise is often not available for inspection the
day of the sale. Please take advantage of the previews, they are
provided for your benefit and you can also take this opportunity to
register for the auction.
The final price of items in the auction depends on public
interest and what people are willing to pay for the merchandise. Good
buys are possible, just be sure to do your own research and inspect the
merchandise.
Generally, the Government does not place a minimum bid on
items. However, the Government reserves the right to accept or reject
any and all bids. Those individuals who cannot attend the auction in
person are given the option to enter a written bid. If any written bids
are entered, they will begin the bidding from those submitted.
The reserve price is a dollar amount placed on an item by the
Government. If you hear the auctioneer say "Bidding closed, subject to
the acceptance of the seller," it means the high bid did not reach the
reserve price. We then go back to the Government representative and ask
if they will accept the high bid. The good news? the majority of
property auctioned is sold.
Cash, Cashier's Check and Visa or MasterCard are accepted at most sale
locations. Personal or business checks, certified checks, bank letters
or letters of credit are not accepted.
Please check the Terms of Sale on individual sales flyers for the
specific instructions regarding payment for that particular auction.
Typically purchases of $5,000 or less are required to be paid
in full on day of sale. For purchases over $5,000, a deposit of $5,000
is due on sale day and payment in full is due by a specific day given
by each auction. Since cashiers cannot make change for more than 10
percent of a cashier's check, it is recommended that you bring several
cashier's checks in small denominations. Refer to the Terms of Sale for
specific deposit and payment terms.
The terms of sale provide removal dates and guidelines
for both export only and domestic goods. Failure to comply may result
in cancellation of sale, repossession of merchandise and forfeiture of
all monies paid. Export only merchandise may only be removed by a U.S.
Customs bonded carrier. Contact your local Customs Service Office for
information and assistance.
IRS property will be released to successful bidders after
review of records to make sure they are not the violator or associated
with the violator. Buyers will be notified within 72 hours of the
auction date. Successful bidders of ATF or SS property will be notified
at time of payment.
Once payment is made in full, you will receive a clear title
for a vehicle, boat, aircraft or real property, whichever the case may
be. All liens, back taxes or other encumbrances will be paid by the
Government, unless otherwise stated.
The designation of EXPORT ONLY indicates that the specified
merchandise cannot be registered, used, or sold again in the U.S. as a
result of it infringing upon some federal regulation (ex. quotas,
trademarks or safety regulations). Anyone who purchases EXPORT ONLY
property must remove it from the U.S. within a specified period of time.
Employees of the Department of Treasury and members of their
immediate family are prohibited from bidding on any merchandise. If you
work for another Government agency, check your local agency's policies
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