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They have these auctions in a lot of major cities visit the website for the best deals and where to go as well as where the next auction is going to be held at.
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∙ 10y ago
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How can i buy cars at auction?
I found a government auction website where you can buy seized cars, trucks, vans, suvs, for dirt cheap.
What if you don't pay your school and property tax?
What will happen is that eventually the government will sell your property at auction to recover the unpaid taxes.
Can I buy guns at a Government Auction?
Though the government destroys the majority of the firearms that it seizes, some are sold at auction. a good place to check is www.governmentauctions.org.
What is a government tax foreclosure property?
It is property "seized" by the government for non-payment of taxes or in satisfaction of a tax lien. It can either be converted to government use or sold at auction to raise revenue.
Can a foreigner buy a property in an auction for foreclosure?
Yes. A person does not have to provide proof of citizenship to purchase real property in the US.
What's the difference between a foreclosure auction and a regular auction?
A foreclosure auction is a forced auction. The person who used to own the property being auctioned owed either the bank or the government money. For not paying the money back, their property is sold at auction to satisfy their debt. A regular auction could be anything and isn't necessarily to pay off debt, but usually to make a profit.
How can you buy a property at a sheriffs sale?
A sheriff's sale is a public auction of property seized by law enforcement. Typically, a down payment of 10 percent is required at the time of the auction, with the rest due within 30 days.
What is Property Tax used for?
It is used for the government to buy what they want
How can you buy a house after it has been foreclosed and not sold at auction?
You can contact the lender or lien holder who foreclosed on the property and make your offer to them.
In a foreclosure if a property does not sell at the auction and the auction date has passed who is the official owner of the property and does the foreclosee still have some tie to that property?
The mortgage company will buy the property if no one else does, but if the auction is cancelled so even a representative of the mortgage holder does not show up for the auction, you may still be the owner. Check the registry of deeds for your area for a foreclosure deed, usually filed within 30 days of the auction. If you remain on the property, you may be asked to pay the same amount "in lieu of rent" that you were paying on the mortgage and stay on the property until another buyer is found. You may be offered money to help find a new place.
What is the rule that allows the government to buy your property for public?
Eminent demain
Does the US government use the dutch auction to support government finances?
Dutch auction is a type of auction wherein the auctioneer begins with the highest bid. The US government makes use of this type of auction to support its government finances.?æ
