After criminals are apprehended, their personal properties and goods acquired from ill-gotten money are seized by the law enforcement agencies. These goods are also termed government seized properties. After some time when these goods or properties reach a certain threshold, they are sold to the public through an auction. At these government seized property auctions, the goods can be various kinds as following: VEHICLES: These form the most common type of government seized properties. SUV's, pick-up trucks, luxury cars, motorcycles and amazingly even boats and airplanes could be available at an auction. You can get real beauties at good bargains, since vehicle value and condition can be assessed easily. It is important to check for other liabilities on the vehicles (ex: liens) before bidding. REAL ESTATE: Even the small criminal or the biggest dons around need a roof on their heads. The most expensive category of government seized properties is real estate. It could be ready homes, vacant land, holiday cottages, mansions or suburban houses. Commercial real estate is also available in the form of car dealerships, ranches, retail outlets, restaurants or hotels etc. Both forms of government seized properties are available at a value far below the market rates and can be a very good bargain. HOUSEHOLD GOODS: Criminals have been known to have better standards of living than most average people. On apprehension and seizure of their properties, it is evident that they also have household goods and furniture that have been seized. Government seized property auctions consist of an array of household goods that can be had for pennies in place of dollars. FINE ART/ ANTIQUES: Goods like Chippendale furniture, Tiffany glass, paintings, sculptures, rugs etc are also available at government seized property auctions for far less that one could imagine. These fine art pieces become affordable that could otherwise blow a hole in the pocket. CLOTHES AND JEWELRY: Designer suits and customized jewellery, once adorned by criminals and gotten by ill-gotten means can now be had from government seized auctions at fabulous throw away prices. Brands like Versace, Cartier, Vera Wang, Nautica, Tiffany, Bulgari can now be acquired at rock bottom prices from government seized property auctions. Going to an auction does not really hurt, does it? Visit a government seized property auction to find out how crime pays for you. Check out local newspapers for announcements of dates and venues and please acquire a list of items in the auction with description to help yourself. |
