1 / 8

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

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.

Download Presentation

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

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Arizona Government AuctionWhat’s In It for You?

  2. Arizona Government Auction • Held when government agency doesn’t need property to conduct official business • Items originate from seized or abandoned property being sold by law, or government-owned assets no longer serving useful purpose • Convenient way to purchase unwanted government assets

  3. Arizona Government Auction • Surplus scenario government auctions offer huge collections of items such as: vehicles, trucks, trailers, specialized equipment, tools, computers, office equipment, officer furnishings, appliances, etc. • Seized scenario government auctions unload property an agency confiscated in conjunction with crime. Items involved in smuggling, drug trafficking, money laundering, credit card fraud, food stamp fraud, mail fraud other illegal activity

  4. Arizona Government Auction • Personal and business property can be seized for tax reasons and sold at public auction • Collateral used to secure loan can be repossessed • Banks can liquidate property abandoned in safety deposit boxes • Seized and abandoned property government auctions include: real estate, vehicles, jewelry, fine art, antiques, electronics and anything of value

  5. Arizona Government Auction What to Know Before You Attend • Government auctions are open to public • Each auction sets its own rules. You need to understand guidelines before attending • Conducted by professional auction services. They manage entire process including advertising prior to auction. Visit auction services website for details and registration

  6. Arizona Government Auction What to Know Before You Attend • Inventory is always changing • All items sold “as is”. You’ll have opportunity to inspect items you’re interested in prior to auction. Locations and inspection times are noted on auction service’s website • Online auction may be conducted in addition to live auction. Auction website will note if auction is live and online or live or online only

  7. Arizona Government Auction The Many Ways to Benefit • Getting below-market pricing – a good deal is more the norm than the exception. Some have gone into the reselling business • Getting high-quality items – even though items are sold as-is, bidders walk away with property in excellent condition • Find exceptional diversity – anything seized or surplus is fair game to show up at auction

  8. Arizona Government Auction About the Author Deb Weidenhamer is President of Auctions Systems Auctioneers & Appraisers, Inc., based in Phoenix, Arizona. They specialize in auctions and professional appraisals. Visit us at http://www.auctionANDappraise.com or call 800-801-8880 for more information about Arizona Government Auction.

More Related