Government Seized AuctionsSince the beginning of crime, (pun intended) the government has been seizing property from criminals and offering it up to the general public via live auctions. Government seized auctions are one of the best and most exciting types of auctions in the industry. Insiders and amateur auction-enthusiasts alike, know that government seized auctions have the widest selection of luxury goods at the best prices. You're practically guaranteed a great deal simply by attending one. On occasion, goods can even be acquired for pennies on the dollar!Anytime drug dealers, tax evaders, and common criminals are apprehended, the government will seize any property derived by illegal means or purchased with funds from illegal activities. Once criminals' cases are concluded, the government will then seize their property and proceed to auction it off to the general public. The luxury vehicles once owned by these criminals can now be yours for a fraction of their market value. The great thing about these auctions is that not only does the government benefit from them by deriving added revenue, but so does the general public by getting bargains they otherwise would not have found. When property is seized by the government, in most cases, it is in order to settle all criminal and civil penalties against the one who committed the crime. Restitution is also made to the victims of the crime by selling the property that the government had seized. After restitution, any remaining proceeds are then given to law enforcement to help fund future criminal investigations or are placed in the treasury for other government programs. As for the public, not only can luxury vehicles and real estate be acquired at a government seized auction but a multitude of other sought-after and rare goods may be found as well. From computers, televisions, and appliances, to fur coats, jewelry, and aircraft, you can find practically anything at a government seized auction. Art, antiques and rugs are also hot sellers at these auctions. The truly amazing thing about government seized auctions, aside from the unbelievable selection of goods, is that not only are many of the items available for live bid, but online auctions also exist! That's right; you can bid on a seized piece of property without ever having to leave the comfort and security of home. Online auctions have gained massive appeal as of late not only due to the convenience or home bidding, but also to to the fact that oftentimes items won at these online auctions can directly be shipped to your door, assuming, of course, that they are easily transportable. Bottom line: government seized auctions can be very convenient and easy and the best part is, because no special dealer permits are required, anyone in the general public can do it! |