- Personal Finance
How to Get Cheap Homes Cars and More From the Government
How it Works
Most people have no idea of the incredibly large source of riches available in the form of government surplus materials and confiscated goods. Many of federal and state government agencies each year sales off billions of dollars’ worth of items at bargain prices. You can buy merchandise for your personal use. Or you can buy items at a really low price to resale for big profits.
Vehicles, office equipment, cars, boats, houses, clothing, livestock; these are among the thousands of types of goods sold at a small fraction of their value.
The government agencies sells much of this surplus because it is no longer needed. Or, as requirements change, large quantities of goods become obsolete to government specifications and are classified “surplus” and offered to the general public. Other goods are the result of seizures of ill-gotten gains from criminal acts, much of it from drug crimes-homes, condos, airplanes, cars, boats, jewelry, and even sometimes businesses.
The United States Marshal Service is in charge of managing and selling much of these property items forfeited to the federal government by drug traffickers and other criminals.
There are more than 400 local Marshal Offices. Each office auctions off merchandise confiscated in its area. To find out about the next auction in your area, you should contact the local office. In addition, look for their auction notices placed in the local papers. Below I have listed information for public Government auctions in most states.
There are also many Government auction websites that you can use also. You do have to be careful though there are many scam websites claiming to be "Government" auctions. To insure that you are on an actual Government website the domain name or ending of the website should be .gov or .us. There are many other website that claim to be "government surplus" and "government auctions" many of these websites are not trust worthy and may charge a fee to bid. Below I have included reliable government auction websites. Some states do use third party websites for their surplus auction services but this information can be found on the state website.
Government Auction Websites by State
District of Columbia: