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Arizona Government Auction: What’s In It for You?
 

Arizona Government Auction: What’s In It for You?

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An Arizona government auction is held when a government agency doesn’t need certain property to conduct official business. These items typically originate from either seized or abandoned property ...

An Arizona government auction is held when a government agency doesn’t need certain property to conduct official business. These items typically originate from either seized or abandoned property being sold according to law, or government-owned assets no longer serving a useful purpose. Visit us at http://www.auctionANDappraise.com or call 800-801-8880 for more information about Arizona Government Auction.

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    Arizona Government Auction: What’s In It for You? Arizona Government Auction: What’s In It for You? Presentation Transcript

    • Arizona Government Auction What’s In It for You?
    • Arizona Government Auction•Held when government agency doesn’t need propertyto conduct official business•Items originate from seized or abandoned propertybeing sold by law, or government-owned assets nolonger serving useful purpose•Convenient way to purchase unwanted governmentassets
    • Arizona Government Auction•Surplus scenario government auctions offer hugecollections of items such as: vehicles, trucks, trailers,specialized equipment, tools, computers, officeequipment, officer furnishings, appliances, etc.•Seized scenario government auctions unload propertyan agency confiscated in conjunction with crime. Itemsinvolved in smuggling, drug trafficking, moneylaundering, credit card fraud, food stamp fraud, mailfraud other illegal activity
    • Arizona Government Auction•Personal and business property can be seized for taxreasons and sold at public auction•Collateral used to secure loan can be repossessed•Banks can liquidate property abandoned in safetydeposit boxes•Seized and abandoned property government auctionsinclude: real estate, vehicles, jewelry, fine art, antiques,electronics and anything of value
    • Arizona Government AuctionWhat to Know Before You Attend•Government auctions are open to public•Each auction sets its own rules. You need to understandguidelines before attending•Conducted by professional auction services. Theymanage entire process including advertising prior toauction. Visit auction services website for details andregistration
    • Arizona Government AuctionWhat to Know Before You Attend•Inventory is always changing•All items sold “as is”. You’ll have opportunity to inspectitems you’re interested in prior to auction. Locations andinspection times are noted on auction service’s website•Online auction may be conducted in addition to liveauction. Auction website will note if auction is live andonline or live or online only
    • Arizona Government AuctionThe Many Ways to Benefit•Getting below-market pricing – a good deal is more thenorm than the exception. Some have gone into thereselling business•Getting high-quality items – even though items are soldas-is, bidders walk away with property in excellentcondition•Find exceptional diversity – anything seized or surplus isfair game to show up at auction
    • Arizona Government AuctionAbout the AuthorDeb Weidenhamer is President of Auctions SystemsAuctioneers & Appraisers, Inc., based in Phoenix,Arizona. They specialize in auctions and professionalappraisals.Visit us at http://www.auctionANDappraise.com or call800-801-8880 for more information aboutArizona Government Auction.