Government Auctions FAQ's
Government Auctions FAQ's
- Can I get a deal at Government Auctions?
- There are opportunities for bargains at most government auctions because the items are typically sold with no reserve, but you must be careful to not overbid.
- Are Government Auctions Live or Online?
- There are government auctions held directly online and there are offline auctions as well, especially when bigger items like cars and houses are involved.
- Do Government Auctions Charge for Admission?
- Sometimes there are deposits required on larger items like luxury cars and homes, but most government auctions are free to attend. Online sites that list government aucitons information typically chagre a small annual fee for publishing the data on the Internet.
- Can I get a luxury car for $100?
- The simple answer to that question is no. The only time a luxury car will sell for $100 is if it is wrecked.
- How Does the Government Acquire Items for Auctions?
- The government seizes property from criminals and people who default on taxes. They also seize property through Custom's violations and through RICO statues.
- Where Can I find Out When and Where These Auctions are Being Held?
- For specific government auctions data, we recommend PoliceAuctions.com, the most comprehensive source of government auctions data on the Internet..
- Are Government Auctions Open to the Public?
- Yes. Anyone can attend, however there are restrictions if you are related to the person whose property is being auctioned. Basically the government wants to prevent people from get their stuff back by sending uncle George to the auction in their place.
- What are the Terms of These Auctions?
- Terms of auction vary great because so many different government entities are handling the property, each one a little differently. We recommend that you read all terms and conditions of any auction you are thinking of attending. Use the phone numbers provided to call and ask questions. An informed bidder is a smart bidder.
- Can I Return Items at Government Auctions?
- In most cases, the answer is absolutely not. Sometimes exceptions may be made if the item turns out to be not as described, but then you have to prove that the government misrepresented it, and good luck with that. The best thing is to remember not to get overheated in your bidding, that way you won't pay too much.
Check back often for government auctions news and updates!
