Government with Billions Owed and Billions Spent "won't someone take responsibility and up date their Act".

Bank Owned Homes Houses National bank owned homes bankruptcy of distressed government owned foreclosures homes and bank short sales. Bank foreclosure houses are the banks list of real estate to be auctioned. Most are homes seized or forfeited now bank-owned real estate due to past due bank mortgage payments and have received a public housing notice of default notice.National foreclosure REO Bank housing HUD Homes some pre-foreclosed bank mortgage loans are many time included also as Government Surplus Property.These Foreclosure listings are posted monthly to public auction dates of those homes by state for sales.

Going through the list of states many Federal Surplus Property also were reflected. This made the task longer because there were very interesting things for auction that one would question the reason for the Government to have this property in the first place. Things like Boats,Fine area Carpets,Gold Leaf Lamps, Glass Statues ,etc listed as federally purchased property this was personal property other than real estate, which is no longer useful to any federal agency. This property was declared surplus and is available for donation to eligible organizations. A service charge is applied to each item of property provided to a donee.Reviewing the terms of The Federal Property and Service Administration Act of 1949, it authorizes the donation of Federal surplus personal property. Now I ask you wouldn't you think there should have been a review of this Act since "1949", any kind of update to this Act could have been made to make it current. With so many Government employees had they even only changed the title page to reflect 2009. "1949" seems like a very-very-long-time-ago, weren't horse driven carriages used to deliver ice,you certainly don't see those anymore.Also the "Act of 1949" reflects that the distribution of surplus property within New York State is administered by the OGS Bureau of Federal Property Assistance.Looking at some of the property pieces I wouldn't mind owning a piece or two.I wonder who end up with this property?

Who is eligible to Participate? Reviewing "The Act of 1949"Government entity or public agency established pursuant to State Law are eligible. Those Government entities or public agencies listed were;

Indian Tribes.

Non-profit tax exempt health or educational organizations including; hospitals, clinics, schools, public or non-profit agencies funded under the Older Americans "Act of 1965" under Title IV or Title XX of the Social Security Act or under the Economic Opportunity "Act of 1964".

Educational radio and television stations, museum, and public libraries chartered, licensed, approved and/or accredited by the State or other appropriate authority;That is provided it has a tax-exempt status under Section 501 of the Federal Internal Revenue Code of 1954 and;The program serves and benefits a substantive segment of the public.The Government bring to light the benefits to Reduction of program costs through the use of surplus property and property valued more than $28,000,000 is distributed through this program annually.

With Billions of Dollars Owed...and Billions of Dollars Spent to Bail out Companies isn't there any money to Up-Date these Acts? Look at these dates: Act of 1949, Act of 1964, Act of 1965, Revenue Code of 1954.

Real Estate Government Sales and Auctions Government Auctions By State Totally Free.