Concierge Auctions' Hawaiian Momentum Continues With Three Kauai, Hawaii Ocean ... - MarketWatch (press release)

Concierge Auctions' Hawaiian Momentum Continues With Three Kauai, Hawaii Ocean ...MarketWatch (press release)KAUAI, Hawaii, May 18, 2012 /PRNewswire via COMTEX/ -- San Francisco and Kauai-based The Michele Hughes Company, which specializes in the land acquisition, design and creation of luxury residences, has engaged Concierge Auctions to sell three of […]

Lake Wylie family auctions off belongings to pay medical bills - WCNC

Lake Wylie family auctions off belongings to pay medical billsWCNCby AMY COWMAN / NewsChannel 36 Staff LAKE WYLIE, SC -- A Lake Wylie family is auctioning off their furniture, kids toys, even wedding China all to pay medical expenses added up over the past five years. Their daughter was born with a rare birth defect.and more » […]

Artists open studios for Venice Art Walk & Auctions - Los Angeles Times

Artists open studios for Venice Art Walk & AuctionsLos Angeles TimesVenice artists and architects will open their studios and homes to the public this weekend for the Venice Art Walk & Auctions, the 34th annual fundraiser for the Venice Family free Clinic. Artist Jesse Hazelip will be working on "Hearts of Oak," a live ... […]

Tag-Archive for ◊ Seized Auctions ◊

Where to Find the Best Deal

Sunday, January 10th, 2010 | Author:

Where to Find the Best Deal

By Ferry Suwantoro

Police Auctions

Police confiscate items and impounds vehicles. But if the items are left unclaimed for a definite period of time or there is no possible way to trace the owners and return the items, they become auction goods. Police also seize properties and items associated to crimes people commit.The police seized properties will then go to an auction. Police auctions are often held at local police agencies, federal law enforcement agencies, police departments, and county sheriff departments at specific time and date.

Government-Seized Auctions.

Due to foreclosure and seizure laws, the government accumulates properties from private owners who were unable to pay their mortgages or loans.
The Customs and Border Protection, US Department of Homeland Security, U.S. Postal Service, U.S. Marshals Service, U.S. Bankruptcy Court, Internal Revenue Service, and State Tax Department are some of the government agencies that hold government-seized property auctions.

Bank and Loan Companies

Bank and loan companies often repossess properties from owners who are unable to make loan payments. These repossessed properties range from real estate, vehicles to home furniture, become bank or loan company properties.

Since the cost of storage is high, bank and loan companies want to convert the repossessed properties into liquid assets right away. Bank and loan companies often announce auction schedules online, in office bulletins and in newspapers.

New and Used Car Dealers.

In order to make a sale, new car dealers allow their costumers to trade-in their old cars for new ones. The old vehicle that was traded-in will then go to an auction. Used car dealers also employ the same system as other auction houses to generate sales.

Auction Companies.

Auction companies sell a wide array of auction goods. Check newspaper ads, auction brochures, and the yellow pages.

Must-Know Things about Car Auctions

Saturday, December 26th, 2009 | Author:

Must-Know Things about Car Auctions

By Ferry Suwantoro

It is a smart move to buy a car at an auction. But you need to do extreme care because public car auctions have inherent risks and benefits.

First, although the cars at auction are generally sold at lower prices, however the car suffer mechanical condition. Some car auction won`t let the buyers have a viewing time, so we won`t know if the car has mechanical defects or if the paint is still original or not. It means that any potential buyers are not sure if the deal they are facing on is good or bad.
The other thing you need to know, that all car that has been auctioned will be sold as-is. If the car has problem in it, then you will buy the problem along with the car. Almost all auction organizers won`t fix the car before they auction them.

Second, the extra charges. Many buyers paying extra cash for some fees that they were not prepared for could spoil the deal. Paying the buyer’s premium, a fee charged to the person with the highest bid, could sometimes cost a couple of hundred dollars.

Third, the type of car auctions. There are several types of car auctions and these provide features that may not be had from other types. For example, there are auctions specializing only on second-hand cars, there are those that sell vintage cars and there are others that attract people wanting to buy salvaged cars.

Fourth, knowing where to look for auctions. Different auction houses have different mediums for relaying their activities to the public. Advertisements are commonly found in radio announcements, local TV networks and car sale magazines.

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