Auction Systems - Arizona Seized Property Auction

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Arizona Seized Property Auction What is a
Seized Property Auction?By Deb
WeidenhamerPresident CEO, Auction Systems
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Arizona Seized Property Auction

An Arizona seized property auction offers items
confiscated primarily by government and law
enforcement agencies. These auctions are held
free or charge and open to the general public.
The property is often incredibly diverse. And,
its not unusual for bidders to get some items
for pennies on the dollar.
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Arizona Seized Property Auction

The sheer volume of drugs entering the U.S. is
alarming. Law enforcement agencies must protect
the countrys borders and monitor the hundreds of
thousands of commercial and private flights, the
tens of thousands of merchant and passenger boats
docking in U.S. ports, and the millions of people
coming into the United States each year.   Law
enforcement catches many criminals and their
drugs on a daily basis. As a result, police and
government auctions are necessary to unload the
billions of dollars in seized property.
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Arizona Seized Property Auction

• In addition to property seizures from illegal
  drug trafficking and other criminal activity,
  confiscated property to be auctioned off can also
  originate from
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• Tax liens and levies
• Non-payment of debts
• Abandoned safety deposits at banks
• Abandoned property that was used as evidence
  during a trial
• Storage facility property that was either
  abandoned or confiscated for non-payment of rent
• Trustee liquidation sales for estates and
  bankruptcies

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Seized Property for Auction

When you attend an Arizona seized property
auction, you have a tremendous opportunity to
pick up some great deals on quality items. But
how do these items end up at auction?   As drug
trafficking and criminal activity increases, law
enforcement agencies step up their raids, stings
and other surveillance techniques. When these
activities are successful, the criminals are
caught and their property seized. In fact, any
property used in conjunction with a crime is
eligible for confiscation. The more criminals
are caught, the more property is seized. The
more property seized, the more auctions must be
held. All the revenues generated from the sale
of confiscated property goes back to the law
enforcement agency to help fight crime. Its
definitely a win-win situation for the
law-abiding public and the government agencies.
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Getting a Deal at an Arizona Seized Property
Auction

With the huge volume of seizures taking place
because of criminal activity, youll often find
thousands of items available at auctions. The
property is often incredibly diverse. And, its
not unusual for bidders to get some items for
pennies on the dollar.   Typical items found at
an Arizona seized property auction include
vehicles, real estate, art, jewelry,
collectibles, antiques, electronics, household
items, sporting goods, business inventories and
basically anything of value.   An Arizona seized
property auction not only offers the average
person a great deal, but resellers can make big
profits as well. Whether its a large-ticket
item youve always wanted or marketable items you
can make a profit on by reselling, you may not be
able to find better prices.
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How to Participate at an Arizona Seized Property
Auction

The first step in buying seized property is to
register with the auction site managing the
auction. The registration process is simple and
only takes a few minutes. The auction site will
publish the details of all upcoming auctions and
the details associated with each one.   Getting
great deals can be invigorating and an Arizona
seized property auction provides an exciting
venue. Because government agencies often want to
liquidate items quickly, they are willing to sell
them below market value. And for many people,
nothing is more fun than getting a real bargain!
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About the Author

• Deb Weidenhamer is President of Auctions Systems
  Auctioneers Appraisers, Inc., based in Phoenix,
  Arizona. They specialize in auctions and
  professional appraisals.
• Visit us at http//www.auctionandappraise.com or
  call 1-800-801-8880 for more information about
  our Arizona seized property auction company.