Everyday, hundreds of thousands of valuable items, including yachts, airplanes, luxury cars, pickup trucks, jewelry, computers, RV's, houses, furniture, furs, typewriters, jeeps, and much more, are seized in drug raids and auctioned off to the public at incredibly low prices.

Billions of dollars and personal property is also seized or repossessed by the U.S. Customs Service, U.S Marshals. the Veteran's Administration (VA), The Housing & Development Authority (HUD), Sheriff's Departments, Police Department, U.S. Postal Authorities, Bankruptcy Courts, and other related agencies.

In addition to all of this, department of Defense Surplus offers endless opportunities to purchase unbelievable bargains. People who know how to get involved in buying government property also know that without any previous experience or specific skills, just about anyone can purchase anything the government has for sale and turn it into a profit!

People just like yourself who have discovered the real meaning of what an "unbelievable bargain" is by attending government auction sales, have gotten involved for one of the two reasons: 1) They want a specific item and know they can buy it at an enormous discount; or 2) They are in the business of buying many items at low prices, and selling them for a huge profit!

Whatever your motive, you can also take advantage of your new purchasing power once you know how to get involved. Maybe you have always dreamed of owning a yacht, stretch limo, or other luxury vehicle. According to recent figures, the government is expected to sell up to one-quarter million vehicles! How would you like to purchase a Porsche, BMW, Jaguar, Lincoln Stretch Limo, Mercedes, Cadillac, or other luxury car for less than $100, and then resell it for a fast $20,000 profit?

If you have wanted just about anything, but felt you would never be able to afford it, this is your golden opportunity! Would you like to be your own boss into a business for yourself? Now you can! Through smart buying at bargain prices, and reselling at markups retailers can only dream about, you can put yourself into a position of financial independence faster than you could ever imagine!

With the unbelievable bargains that will be available to you, you can realistically began to think about starting a Surplus Store of your own, filled with office furniture, machines and supplies. Or maybe you want to specialize in buying and selling luxury cars! Do you enjoy the electrifying atmosphere of a flea market or swap meet? Government auctions and surplus sales can provide you with an endless supply of merchandise to sell.

Whatever your wants, or dreams, the information in this report will show you how to make wealth-building dreams come true. By writing to the various agencies and receiving pamphlets and other materials they send to you, you will be able to decide which agencies and sales are suitable for you. then you will control an extensive network of contacts, representatives, and other agents who will let you know what items they have for sale. Items you can purchase for pennies on the dollar.

FEDERAL GOVERNMENT SURPLUS

The U.S. General Services Administration (GSA) and the Department of Defense (DOD) are the primary agencies offering federal personal property. Any one of three sales methods may be used to sell surplus personal property. No preference is given to any individual or group no matter which method is used.

SEALED-BID AUCTIONS: Bidding forms are provided to participants. The "Invitation For Bid" (IFB) form describes the property being offered, indicates, and nay special conditions regarding the sale. Sealed bids are opened publicly and awards are given to the highest bidder.

TRADITIONAL PUBLIC AUCTIONS: Property is offered, item by item, and sold to the highest bidder. Bidding instructions are given by the auctioneer on the government property offered.

SPOT BIDDING: Here, a buyer has the opportunity to write down and mail in his bid. Property is awarded after full payment is received.

The best way to keep yourself informed about sales is to get your name on the GSA's prospective mailing lists. tens of thousands of luxury cars, sports cars, RV's semi's, pickup trucks, and more, are sold each year. You will have to write to each of the 11 regional centers indicated below if you want your name to appear on each of their mailing lists. Each has a different application. When you write, ask that your name and address be placed on the bidder's list.

NATIONAL CAPITAL REGION

(District of Columbia, nearby Maryland and Virginia)

GAS CUSTOMER SERVICE BUREAU
7th and D Streets, SW
Washington, DC 20407

REGION 1 (Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, Vermont)

GSA CUSTOMER SERVICE BUREAU
Post Office and Courthouse
Boston, MA 02109

REGION 2 (New Jersey, New York, Puerto Rico, Virgin Islands)

GSA CUSTOMER SERVICE BUREAU
26 Federal Plaza
New York, NY 10278

REGION 3 ( Delaware, Pennsylvania, Maryland, Virginia, West Virginia)

GSA CUSTOMER SERVICE BUREAU
Ninth and Market Streets
Philadelphia, PA 19107

REGION 4 ( Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, tennessee)

GSA CUSTOMER BUREAU
75 Spring Street, SW
Atlanta, GA 30303

REGION 5 ( Illinois, Michigan, Minnesota, Ohio, Wisconsin)

GSA CUSTOMER SERVICE BUREAU
230 S Dearborn Street
Chicago, IL 60604

REGION 6 (Iowa, Kansas, Missouri, Nebraska)

GSA CUSTOMER SERVICE BUREAU
1500 E. Bannister Road
Kansas, MO 64131

REGION 7 ( Arkansas, Louisiana, New Mexico, Oklahoma, Texas)

GSA CUSTOMER SERVICE BUREAU
819 Taylor Street
Fort Worth, TX 76102

REGION 8 ( Colorado, Montana, N. Dakota, S. Dakota, Utah, Wyoming)

GSA CUSTOMER SERVICE BUREAU
Bldg. 41-Denver; Federal Center
Denver, CO 80225

REGION 9 (Somoa, Arizona, California, Guam, Hawaii, Nevada)

GSA CUSTOMER SERVICE BUREAU
525 Market Street
San Francisco, CA 94105

REGION 10 ( Alaska, Idaho, Oregon, Washington)

GSA CUSTOMER SERVICE BUREAU
GSA CENTER
Auburn, WA 98002

INTERNAL REVENUE SALES

A major of forced-sale merchandise and property is the Internal revenue Service. When the government confiscates a debtor's property through the IRS, it is sold to the highest bidder to recover a part of its losses.

Property sold by the government is not subject to usual laws of supply and demand. forced sales operate outside supply and demand laws because the government controls the sale of confiscated property. Their only interest is in trying to recover a certain debt that has been incurred, not what the actual market value is.

Because realtors aren't informed about forced government sales, you have a distinct advantage! You will be notified of sales as a potential bidder once you get your name on their mailing list. Then you can go directly to the IRS to make your own incredible deal on property selling far below market value.

IRS property is sold either by public or sealed bid auction. Individual agents are responsible for selling property within their divisions. That means you won't have to deal with a central or district office to obtain information about property being auctioned.

Contact an IRS agent nearest you by referring to your telephone directory. Ask for information that will allow your name to be placed on mailing list throughout the country. Also, request a copy of the Internal Revenue Service Code Manual Part V Chapter 300 at your local library to learn more about how the IRS auctions off confiscated property.

POST OFFICE AUCTIONS

Post Office Auctions, also know as dead parcel or dead letter auctions, are conducted in regionally located U.S. Post Offices. tens of thousands of items that never reached their intended destination, or were never claimed by the sending or receiving parties, are auctioned off.

Unclaimed parcels are opened at dead parcel branches to determine if the property can be returned. If the sender remains unknown, or if the postage remains unpaid, the contents will be sold at auction.

To obtain Post Office Auction notices and procedures you must have your name placed on a bidder's list. You can receive information regarding the auction sale by writing to the manager in charge of the sale.

Thousands of items are auctioned off including, clothing, luggage, books, watches, rings, miscellaneous, jewelry, electronic equipment and sound recordings, leather good, and much, much more! The minimum bid is usually $5.00, and many items are sold in lots of 50, 75, 100, 200, 500, or more.

To have your name placed on all the U.S. Post Office's regional dead parcel branches bidder's lists, write the following addresses and request that your name be added to their auction bidder's mailing list:

U.S. POST OFFICE REGIONAL DEAD PARCEL BRANCHES

WESTERN REGION ( washington, Oregon, California, Arizona, Alaska, Hawaii, Montana, Idaho, Nevada, Utah)

U.S. Post Office
Dead Parcel Branch
1300 Evans Avenue
San Francisco, CA 94188-9661

SOUTHERN REGION ( Texas, Oklahoma, Louisiana, Arkansas, Florida, Tennessee, Mississippi, Georgia, Alabama)

U.S. Post Office
Dead Parcel Branch
P.O. Box 44161
Atlanta, GA 30336-9506

CENTRAL REGION ( Wyoming, Colorado, Kansas, Iowa, Minnesota, Missouri, Wisconsin, Michigan, Illinois, Indiana, North Dakota)

U.S. Post Office
Dead Parcel Branch
Chicago, IL 60607-9506

Postmaster
Dead Letter Branch
U.S. Post Office
180 E. Kellog Blvd.
St. Paul, MN 55101-9414

NORTHEAST REGION ( New York, Maine, New Jersey, Vermont, Rhode Island, Massachusetts, Connecticut, New Hampshire)

New York City Post Office
Auction Room
380 W. 33rd St.
New York, NY 10001-9998

EASTERN REGION ( Ohio, Kentucky, Virginia, Maryland, Delaware, Pennsylvania, North Carolina, South Carolina, West Virginia, New Jersey)

U.S. Postal Service
Claims & Inquiries
30th & Market St.
Philadelphia, PA 19104-9998

SHERIFF'S SALES

When a person refuse to pay a court judgement, his property can be confiscated by the sherriff's department and put up for sale. Money from the proceeds of the sale are then applied against the outstanding debt.

Sheriff's sales are under the jurisdiction of state courts, so you will have to check with your local sheriff regarding sale rules and procedures. In some states, for example, all sales are final; while others the person whose property was confiscated is allowed a certain amount of time to redeem his property by paying off the debt that led to the action.

Sheriff's sales are oral auctions with the property going to the highest bidder. The winning bidder must immediately pay for the property with cash, certified check, or money order.

To learn more about sheriff's sales in any area, call information in the sate and county you are interested in and ask the operator for the counties Sheriff's department. When you reach the Sheriff's Office, ask to have your name placed on their mailing list.

VA AND HUD SALES

When a home mortgage is VA guaranteed or FHA insured, either agency will foreclose on homes if the buyer defaults by not paying the mortgage off as stipulated in his contract with a lender.

FHA has many types of programs available for purchasing or rehabilitating various homes and buildings. While HUD does not issue funds for loans, they do guarantee loans that are made through banks, and other lenders. If a borrower defaults on payments, HUD pays off the balance and takes over ownership on the property. In effect, and FHA insured loan on foreclose property is turned over to HUD and listed as a HUD repossessed property.

HUD and VA sell repossessed property through a sealed bid process, and require that offers be submitted trough a real estate broker who has been certified by the government. there are no hidden charges passed on to you by these brokers. They are paid by the government to perform this service.

DEFENSE DEPARTMENT SURPLUS

The Defense Property Disposal Service (DPDS) has the primary responsibility for the Defense Department sales program. They receive property from the Defense Logistics Agency, Army, Navy, Air Force, Marine Corps and other Department of Defense components.

You can purchase products including anything from aircraft, parachutes, pontoons, and turbine engines, to furniture, fixtures, machinery, and tractors. There's something for everyone at incredibility low prices~

Real property is sold by the "government General Services Administration" (GSA) and include: Land, buildings, civil and federal government agency surplus property. For additional information contact:

GSA-FSS, Office of Property Management, Crystal Mall 4, Rm. 1019, Washington, DC 20406.

Department of Defense surplus property is sold by the "Defense reutilization & Marketing Regional Sales Office" (DRMR). You can receive a listing of locations where surplus property is stored and a "National Bidder's List Application Form" by writing to:

DOD Bidders Control Office, P.O. Box 1370, Battle Creek, MI 49016. Your name will then be placed on their catalog mailing list.

U.S. MARSHAL SALES

Property seized by U.S. Marshals is sold in the county where it was seized. Items auctioned off include boats, cars, jewelry, trucks, gold rings and watches, real estate, luggage, cameras, computers, furniture, and thousands of other items, all sold a bargain prices!

Most U.S. Marshals do not, and are not required to maintain a buyer's mailing list. Some do however, and it would be wise to write directly to a U.S. Marshal in any area you are interested in and ask if they will place you name on a mailing list. You should also ask what paper they advertise their auctions in. refer to your telephone directory or operator to locate a U.S. Marshal's office nearest you.

PROPERTY CONFISCATED BY U.S. CUSTOMS

Items Confiscated by U.S. Customs Inspectors are sold by the U.S. Customs Service Regional Commissioner at oral bid auctions.

The U.S. Customs Service seizes merchandise worth billions of dollars annually. They include diamonds, gold, silver, coin and stamp collections, jewelry, china, crystal, furniture, exotic rugs and fur coats, antiques, yachts, motorcycles, trucks, tractors, snowmobiles, RV's, all terrain vehicles, cameras, computers, boats, helicopters, jeeps, luxury cars, and much more! Every auction you attend can mean other buy of a lifetime!

To get involved with U.S. Customs Service Auctions, refer to your telephone directory and write to the Regional Commissioner of the U.S. Customs Service located nearest you, or the region you want to bid at. Ask the commissioner to place your name on his mailing list to receive catalogs and announcements of upcoming surplus property sales.

BANKRUPTCY SALES

Thousands of bankruptcies occur every year. When an individual or business goes bankrupt, the courts take over al the assets available that can be auctioned off an applied towards the debts that were incurred.

Bankruptcy proceedings for claiming and auctioning off property varies little from state to state, because the U.S. bankruptcy court oversees all bankruptcy proceedings. As a general rule, the court will appoint a trustee who has the responsibility of liquidating a debtor's assets. The trustee will then hold a public auction or sealed-bid sale to dispense of the property.

The variety of merchandise at bankruptcy sales is staggering! When you consider the tens of thousands of individuals and businesses who are forced to file under Chapter 7 (which results in the liquidation of a debtor's assets to pay for liabilities accumulated) with each person and business offering different products, the magnitude of what can be purchased at incredible savings is simply incredible!

To get involved in bankruptcy sales, write to your District U.S Bankruptcy Court Trustee and request that your name be placed on their mailing list. Bankruptcy Courts are listed in the white pages of your telephone directory under U.S. Government Offices.

You can also contact your Court Clerk and request that your name be added to their local mailing list in your area.

Back To Top