GOVERNMENT SURPLUS, SALES, FORECLOSURES, AUCTIONS & OVERRUNS
Each year Millions of dollars in Government Surplus is being sold for Pennies. There are a staggering variety of items available through different Federal sales and auction programs all around the country.
Foreclosed property, usually real estate, is sold when citizens default on loans secured by the government.
The U.S. Small Business Administration, the Department of Housing and Urban Development, HUD, and the FDIC , Federal Deposit Insurance Corporation, all sell foreclosed and surplus properties so buying foreclosures is not a matter of luck, it’s simply a matter of having the right information.
These properties are available for sale to the public in:
- all 50 states
- the District of Columbia
- Puerto Rico
- The Virgin Islands, and
- US Territories in the Pacific
If you are you wondering what sort of things are sold at these auctions, Here’s an example:
- trucks
- single family homes
- station wagons
- sedans
- vans
- undeloped land
- furniture
- computers
- pick-up trucks
- trailers
- repossessed homes
- and condominiums
- apartment complexes
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- postal vehicles
- phones
- china
- cameras
- communications
- equipment
- copiers
- hardware
- calculators
- typewriters
- televisions
- clothing
- sound systems
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- heavy equipment
- industrial vehicles
- instruments
- construction equipment
- welders
- electrical supplies
- electronics
- generators
- office equipment
- ambulances
- power tools
- air conditioners
- hand tools
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The FDIC is just one of the agencies that has to dispose of a wide variety of assets from:
Real Estate such as:
- undeveloped land
- hotels
- shopping malls
- single-family homes
- condominiums and
- apartment complexes
- foreclosures
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Personal Property including:
- computers
- phone systems
- furniture
- fixtures
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Specialty decorator items used inside and outside banks, malls, hotels, condos and homes. Items like:
- crystal
- china
- antiques
- benches
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- lighting
- sculptures
- fountains
- large and small plants.
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The Bureau of Alcohol, Tobacco & Firearms, the Internal Revenue Service and the Department of Agriculture all constantly need to dispose of large quantities of property they confiscated, foreclosed on or have as overruns and surplus.
Federal property no longer needed by an agency is declared as excess and as surplus to the needs of the Federal Government. It is sold to the public. This can include overruns; example, if an agency ordered 70 thousand cordless drills but after receiving them determined they only needed 60 thousand, they dispose of the balance at public auctions or sales.
Unclaimed goods are sold by the Federal Government when items are lost, abandoned, or unclaimed by the public. The U.S. Postal Service is a good example of one of the agency sources for thousands of unclaimed items. These items are also sold to the public through auctions.
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TESTIMONIAL FROM: Pete Swenson
Comments: I own a GI Surplus Store in California and usually get my merchandise at a trade show in Las Vegas and vendors that call on my store. Your book opened up a whole new world for me to get merchandise. Some of the prices charged are so low I can mark them up much more than normal (300 to 400 percent ) and still give my customers a good deal. Your book is well worth the money.
--See what others are saying about us; additional comments available on testimonial page--
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What we have shown you here are just a few sources of the millions and millions of dollars worth of government property that has to be, and is, disposed of to the public. The GOVERNMENT SURPLUS, SALES, FORECLOSURES, AUCTIONS & OVERRUNS book includes all government sources for the thousands of items continuously sold and auctioned off all across the country.
You get all the addresses and phone numbers nation wide for all agencies responsible for sales, auctions, and foreclosures. Also included are, the very necessary government regulations you’ll need to be able to participate in the auctions. You don’t have to be in the business or a dealer to do this; but you do need to have the necessary regulations and locations to know how and where.
The TV infomercial guys have the same information available for $150 or you can get it from govsurplus.com for $16. As usual with all our books and courses, our two year Up Date service is included at no additional charge.