How do you get government seized items?

How do you get government seized items?

Property seized by the Internal Revenue Service for tax violations may be sold by mail-in bid or live auction. Real estate sales are conducted using online auctions. Bidders can see properties in person by appointment.

How do I get an IRS seized property?

The Internal Revenue Code requires that seized property be sold by Public Auction or Sealed Bid Auction. Either way, the auction is open to the public and bidding is conducted by an auctioneer (usually a Property Appraisal and Liquidation Specialist with the IRS) or through GSA Auctions.

Is Seized property Auctions legitimate?

Is this a legitimate website? We are a fully licensed and insured auction corporation in the state of Florida. We currently have an A+ rating with the Better Business Bureau and have been conducting online auctions in this format since 2002.

How do IRS auctions work?

An IRS auction occurs when the Internal Revenue Service, or IRS sells items that they have confiscated. The tax auction will occur when the taxpayer fails to pay their federal or state taxes. This would result in the IRS placing a lien and seizing the taxpayers’ property.

What is seized property?

seized (seised) n. 1) having ownership, commonly used in wills as “I give all the property of which I die seized as follows:….” 2) having taken possession of evidence for use in a criminal prosecution. 3) having taken property or a person by force.

What is seized asset?

Asset forfeiture or asset seizure is a form of confiscation of assets by the state. It typically applies to the alleged proceeds or instruments of crime.

What is a government auction?

A government auction is an auction of goods which have been confiscated by various Government bodies and agencies. Government auctions may be found in most countries but can often differ in their format.

What is auction property?

An Auction is where property is sold at a specific time and place to the highest bidder. Most auctions require a person to get a bidder number or other identifying item prior to bidding.