Government Auctions                            


 

GOVERNMENT ASSET LIQUIDATION

Government Assets to include surplus, seized, forfeited, confiscated, foreclosed, unclaimed and abandoned assets acquired by various agencies of the US Government.  

 

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Federal Communications Commission - FCC  Conducts online auctions to sell licenses for electromagnetic spectrum frequencies (radio channels).    

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Federal Deposit Insurance Corporation - FDIC  Liquidates assets from failed banks including loans, personal property and real estate such as undeveloped land, hotels, shopping malls, commercial buildings, single-family homes, condominiums, and apartments.

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Department of the US Treasury  Auctions seized real estate consisting of homes, commercial buildings, warehouses, land, and multi-family residences. These properties have been seized by the IRS and the US Secret Service.  

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Department of Housing and Urban Development - HUD  Sells foreclosed homes to the public at a discounted price. The properties are single-family homes (1-4 units), including town homes, condominiums, or other types of single-family dwellings.  

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GovDeals  Is an online auction company providing asset liquidation for government agencies. Liquidating surplus, confiscated and seized assets to include vehicles, aircraft, watercraft, motorcycles, industrial equipment and hundreds of additional categories of property items.  

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GovBid  Conducts online and on-site auctions for government agencies, law enforcement departments, financial institutions and bankruptcy courts. They also liquidate assets of failed businesses.  Assets being sold consist of autos, aircraft, motorcycles, watercraft, heavy machinery, vehicle fleets, electronic, business inventories and more. 

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United States Marshals Service Sells forfeited property under laws enforced by the Department of Justice, Drug Enforcement Administration (DEA),  Bureau of Alcohol, Tobacco and Firearms (ATF) and FBI. Property consists of residential and commercial real estate, business establishments, high-end vehicles, watercraft, airplanes, jewelry, art, antiques, collectibles and many other items of personal property.  

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Office of Federal Property Disposal  Has the responsibility for selling a significant amount of the Federal Government's real estate to the public, the Office of Federal Property Disposal sells real estate property in all 50 states, the District of Columbia, Puerto Rico, the Virgin Islands, and U. S. Territories in the Pacific. Properties vary widely in type and value and may include office buildings, warehouses, industrial facilities, developed and undeveloped land, as well as residential and commercial properties that have been seized, forfeited, or foreclosed for nonpayment of Federal taxes or loans, or for law enforcement purposes.  

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Internal Revenue Service - IRS  Under authority of the Internal Revenue Code, the IRS sells property seized for non-payment of internal revenue taxes. IRS auctions offer a wide variety of items including cars, boats, airplanes, electronics, industrial goods, jewelry, computers, wearing apparel, and household goods. Items may be new or used and are sold in lots ranging from single items to wholesale quantities. Real estate is also sold, including single-family residences, warehouses and retail buildings.

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Department of Energy  Disposes of excess assets through online auctions, inventory includes office equipment, vehicles, furniture, trailers, generators, instruments, laboratory equipment, mechanical power transmission equipment facilities, laboratories and heavy equipment.   

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Government Services Adminstration GSA  Is a Federal Agency offering government personal property to the public. Sales conducted online and on-site auctions, fixed and negotiable prices and sealed bids. Inventory to include government fleet vehicles, boats, aircraft, heavy machinery, commercial tools and office equipment. 

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National Auction Services  Conducts online and on-site auctions to liquidate assets of failed FDIC insured banks.  Assets to include collector cars, yachts, airplanes, motorcycles, real estate, art work and collectibles, business inventories, personal property, bank and office equipment and furniture.  

Additional Resources

Classic Sports Cars For Sale - Approximately 12,000 special vehicles currently available.

Lost Car Title Service - For vehicles that have no title or if the title has been lost.

Pay No Sales Tax - Buy any new/used vehicle, motorcycle, boat, airplane and pay no sales tax.

 

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