Seized Property
Can you really buy super cheap property like houses and cars at seized auction and foreclosures property sales.
If so, how much can you save? The fact is you can get a nice car for one third retail or less... and how about a $760,000 dollar house for $142,000...now that's a serious profit of $614,000. There are many instances of people making fortunes on one deal. Various federal, state, and local government and law enforcement agencies as well as Banks and lending institutions regularly seize thousands of homes and cars every day and auction them off for next to nothing.
The average Joe never hears about these auctions because they are rarely advertised. but there are people such as car dealers and property speculators, real estate investors and used car wholesalers that take advantage of these little publicized resources. However, these auctions are open to the publicans why should you let the dealers and real estate brokers save all the money. They usually don't really need it.
Car dealers make a ton of money buying and selling these seized cars...you see the sales advertised everyday. The dealers aren't stupid like they make you think...they 200,300 percent maybe more on these cars. More than they make on a new car.
Goverment agencies that handle seized properties
- IRS Cars, boats, houses--All types of property seized or acquired for nonpayment of internal revenue taxes. Most properties are sold by closed bid.
- DEIFIC All types of residential, commercial and industrial properties. You can specifically search for properties by city, state, type, or price range.
- GSA All types of residental. commercial and farm properties
- HUD
- MBA
- Corps of Engineers
- U.S. Customs
The list goes on and on. Someone is going to take advantage of these super deals... it might as well be you.
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