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U.S. Government
Auction Sales: P4P
THE MONEY MAKER
OF THE 90’S
For You
An
Insider’s Handbook
Table of Contents
OVERVIEW OF GOVERNMENT AUCTIONS 3
STATE GOVERNMENT AUCTIONS 6
STATE UNCLAIMED PROPERTY 17
THE U.S. GOVERNMENT 18
HOUSING & URBAN DEVELOPMENT 19
CUSTOMS 27
DEPARTMENT OF DEFENSE 28
POSTAL SERVICE 30
INTERNAL REVENUE SERVICE 36
OTHER INFORMATION 37
RESOLUTION TRUST CORPORATION 39
SUMMARY: You're In Business Now! 40
OVERVIEW OF GOVERNMENT AUCTIONS
Most people are completely unaware of the bargains that can be found in the most unlikely of places: the government! We're used to reading about the Pentagon paying $59.00 for a wrench, about the national debt rising higher and higher, so it's excusable to not think of government and "sales" in the same sentence.
Yet nearly every level of government from city and town on up through county, state and federal, has possession of excess property that must be disposed of. If this can be accomplished and money raised at the same time, why not? We want government to be fiscally responsible, right?
The most common method of parting with this overage of property is through auction sales. These affairs offer a unique opportunity to the right person–– purchases at bargain basement prices which you can turn around and sell at a profit! The money to be made staggers the imagination.
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