Government liquidating foreclosed homes

Government liquidating foreclosed homes

Online auctions work much the same way as other auction sites, such as e Bay.

You visit an agency's auction site, register your name and place your bid.

The property offered for sale consists of residential, commercial real estate, Land, business establishments, Financial Instruments and a wide range of personal property such as motor vehicles, boats, aircraft, jewelry, art, antiques, and collectibles.

This is a list of contract service providers and federal agencies who have been authorized to sell forfeited property for the USMS on a recurring basis.

A Small Business Guide to Government Auctions and Sales When a federal or state agency has extra equipment, seized goods, or forecloses on a piece of property, the goods are either transferred to another government agency or sold to the public.

These items are sold "as is" by auction or negotiated sale, either online, in-person or both.

Unlike most state governments, there is no single online auction web site in the federal government.

Federal agencies responsible for disposing of excess government property, such as the General Services Administration (GSA) or Department of Defense (Do D), have their own auction sites.

The following websites offer government surplus goods and real estate for sale.

More than 9,000 items of forfeited property are sold annually with gross sales in excess of million.

Marshals Service (USMS) offers property for sale to the public which has been forfeited under laws enforced or administered by the United States Department of Justice, its investigative agencies (Drug Enforcement Administration, Federal Bureau of Investigation, and Bureau of Alcohol, Tobacco and Firearms), and certain other federal law enforcement agencies.

The list provides information on company/agency names, locations, and telephone numbers.

Purchasing surplus goods from the government is an easy and affordable way to equip your new and expanding business.

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From computers to cars to gently used medical equipment, just about anything you can think of that your business might need is sold by the government at or below cost, or fair market value.

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