Government Sales and Auctions

Government Sales and Auctions What does the U.S. government have going for it when it comes to public sales and auctions? Diversity. From Treasury bills to wild horses and houses, you name it and a government agency probably sells it.Best of all from the consumers standpoint, the government is not out to make a profit, so most items are sold at or below cost or fair market value.Plus, purchasing from the government helps to defer ​the  cost of running the government, which saves taxpayers dollars. Personal Property Sales Some of the best buys available can be found in government sales of personal property. Boats, cars, planes, jewelry, mineral rights, animals and more. Be sure to visit the GSAs Auction SuperSite. Auto Sales Its easy and economical to purchase a pre-owned vehicle from the U.S. government. Join the thousands of people who buy at government auto auctions. Real Property/Real Estate Houses, land, apartments and commercial buildings, farms and ranches. Includes links to information on buying homes from HUD. Into the money market? Financial Assets Treasury bonds, savings bonds, securities, etc. Miscellaneous Sales and Auctions Stamps, coins, jewelry, collectables, souvenirs and more. Buying Advice Before you whip out the plastic, there are  some important basic tips and information you need to know about buying merchandise or property in government sales and auctions: Guide to Federal Government Sales This document from the General Services Agency (GSA) delivers the factual information you need to participate in the Federal Government’s various sales and auction programs. It also helps combat the many misleading advertisements that offer to sell consumers inside information about Federal Government sales and auctions. Buying Raw Land As the Interior Department says, homesteading is a thing of the past, and you will not find free land or land for A-Dollar-an-Acre, but the federal government does sell land. Lands identified as excess to the publics and Governments needs or more suited to private ownership are sometimes offered for sale. The federal lands sold by the Bureau of Land Management (BLM) are generally unimproved rural woodland, grassland or desert parcels located mostly in the western states. The parcels are typically not served by utilities like electricity, water or sewer, and may not be accessible by maintained roads. In other words, the parcels for sale are truly â€Å"in the middle of nowhere.† Buying Used Government Property When items are no longer needed by the federal government, The General Services Administration (GSA) stretches your tax dollar by offering them for sale to the public. GSA sells a wide variety of items that would interest both individuals and businesses. Look here for details and addresses of GSA sales facilities across the nation. How to Buy Surplus Military Property Various commercial firms sell literature regarding the sale of Department of Defense (DoD) property and/or advertise sales of DoD property, and suggest that DoD sells real estate, jeeps, confiscated and seized properly. DoD does not sell these items. The type of property DoD does sell, how it may be purchased is explained in this pamphlet.