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OVERVIEW OF
GOVERNMENT AUCTIONS
Most people are completely unaware of the
bargains that can be found in the most unlikely of places: the government! We're
used to reading about the Pentagon paying $59.00 for a wrench, about the
national debt rising higher and higher, so it's excusable to not think of
government and "sales" in the same sentence.
Yet nearly every level of government from city and town on up through county,
state and federal, has possession of excess property that must be disposed of.
If this can be accomplished and money raised at the same time, why not? We want
government to be fiscally responsible, right?
The most common method of parting with this overage of property is through
auction sales. These affairs offer a unique opportunity to the right person
purchases at bargain basement prices which you can turn around and sell at a
profit! The money to be made staggers the imagination.
From property seized by police officers or customs officials to repossessions by
the Department of Housing and Urban Development, there are thousands of items of
all types available at rock bottom prices. Whether you're merely buying for
yourself or seeing this as a line of business that could make you a substantial
profit, the key is to identify and locate these auctions.
You name it! Houses, cars, jewelry, yachts, government farm equipment,
computers, firewood it's there for the bidding and the buying! And, eventually
the selling for profit!
You don't need much experience for this. You are familiar with what many of
these items cost today on the open market. If you buy it far enough below market
value, you can still sell the property yourself at a discount and make a
handsome profit. If you yourself have always wanted to own a luxury yacht,
here's your chance. You'll never find your dream purchase at a lower price.
You could even start a second hand store or set up shop at a flea market or swap
shop to peddle your merchandise after you've acquired it. Many of these places
are havens for shoppers. You've simply gone them one better by obtaining the
good(s) at an even lower price than they'll pay and they ll be pleased with
their "bargain". The purpose of our e-book is to point you in the right
direction to find out about the various auctions that are held by virtually all
branches of government. The listings in this book are as up to date as possible.
Contacting these places listed should give you the information you need to begin
your auction attendance.
There are open bidding auctions, where you shout out the dollar value you're
willing to pay following a minimum bid requirement called by the auctioneer.
There are also sealed bid auctions where you submit the price you're willing to
pay. You get only one shot at that type of bidding.
Be careful with the open bid auctions. You can become so focused on a particular
piece of property that you end up in a "bidding war" that ends up with your
paying more than you should and cutting well into your eventual profit. Be
disciplined! Set a dollar limit ahead of time so that you can let certain items
go if the bidding goes too high. This is a business now, so common money sense
is important. You must now think in terms of expenses vs. revenue.
If you have a certain hobby or interest, property in this area may be your
natural market. If you specialize, it can help you concentrate on only those
items in the large auction areas where there are hundreds of people bidding for
thousands of goods. Your focus will be in your area and you'll soon be an expert
on costs, prices and resale s of this commodity. Auctions can be hyped up to the
point of temptation to overbid. Don't do it! Remember your goal, your budget and
your knowledge of what things cost and you'll do very well. Through the contacts
listed in this e-book, you will find yourself on a regular mailing list of
government auctions. Often, with the notice, you'll receive a catalogue of the
items to be sold and approximately what time they'll be auctioned. This will
allow you to budget your time wisely at these affairs and not get lost in the
shuffle.
Good luck!
The CD is at a Steal of a price
C
HECK
OUT ALL THE
BONUSES
BELOW
HOW TO CLAIM PUBLIC LAND
This information package has as its objective to help you find as many
properties for sale by the US Federal Government as possible, and to explain in
a straight forward manner the way one goes about acquiring that property.
FED-AUCT -
A comprehensive guide which discusses the federal agencies that hold auctions,
the types of property that is sold, and the agencies you can contact for auction
dates and times.
MIL-AUCT -
Each year the Department of Defense auctions off tons and tons of surplus
property, everything from airplanes to sleeping bags. This guide lists all of
the different types of things you can buy, as well as buyer requirements. Some
of the more dangerous property may only be sold to licensed scrap dealers or
other agencies, but it is all explained here. Included are listings of several
regional offices you may contact for details.
STA-AUCT
- Our EXCLUSIVE guide to auctions at the state level, including a description of
goods normally sold, and the correct state offices to contact for further
information. This will also give you a good overview of the auction process.
STA-AGCY
- This is a listing of state agencies that may dispose of federal property from
time to time. Of course, all contact information is included.
MARSHAL
- A listing of the US Marshall Service offices which you can contact for
information on items which have been confiscated through customs, from drug
dealers, etc.
RE-JUN98
- This is a current listing (June 1998) of real estate available for sale from
several different government agencies. While this list may be outdated by the
time you receive it, don't panic - we show you where you can receive FREE
updates!
GRANTS
AND LOANS
GOV-SBA1 - A
comprehensive guide to the various programs offered by the Small Business
Administration. It explains what types of loans are available, what you have to
do to qualify for them and who to contact.
GOV-SBA2
- Rounding out the first file, this guide explains the other programs offered by
the Small Business Administration which may be of use to you if you are
considering starting your own business.
HUD-REHB - A guide to
low interest HUD loans available to rehab property you already own. An extensive
list of answers to commonly asked questions makes this an invaluable resource
for anyone interested in taking advantage of it!
HUD-HOME - This file explains the different ways that you can get a loan to
purchase a home from HUD and includes contact information.
GOV-GRNT
- An exhaustive listing of the various federal grant programs available, the
agencies that administer them, and their general requirements. Contact
information is also included.
GOV-LOWD - A guide which
discusses the various options you have if you would like to purchase a home but
have a limited down payment. Both federal and private sector programs are
discussed.
GOVERNMENT LAND - THE WHOLE TRUTH
GOV-LAND - This file
discusses the types of government owned land that is available for sale and
which agencies to contact for more information. While you CAN still get a great
deal here, please note there is NO HOMESTEADING LAND available. The days when
you could purchase this land for $1 per acre are long gone.....
GOVERNMENT JOBS
G
OV-JOBS
- A guide that shows you how to go about getting a job with the federal
government. Included are lists of offices you can contact for applications, job
listings and any further information you may require.
OBTAINING GOVERNMENT INFORMATION
GOV-INFO
- A guide to obtaining information from the U.S. Government under
the Freedom of Information Act. Explains what type of information is available
and what is not. Also included are a list of agencies you can contact.
Got the Goodies
and Got some Real Estate
Lets Get a
DEGREE in less than 30 days

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