Police Auctions - By Damian Sofsian

An auction is a sale where the price is set by bidding. The person making the highest bid gets to purchase the goods. Public auctions are conducted by police departments periodically throughout the year. Police auctions are generally referred to as "government' auctions, but essentially these are auctions where a government entity sells items seized either because of non-payment of taxes or because of criminal activity. Goods sold in such auctions are either unclaimed or items for which the police department has been unable to locate a title holder. The police department does not sell land, cars, or boats at such auctions.

All goods are sold to the highest bidder and must be paid for on the location immediately after the items are sold. It is generally seen that sales tax is added to the purchase price. All goods are sold "as is." There is no warranty on any commodity sold at a police auction. Goods cannot be returned and money is not generally reimbursed. Personal checks drawn on local bank accounts may be accepted only after providing proper identification. As a general policy credit cards are not accepted for payment.

The main advantages of such police auctions are that goods sold at such auctions are usually sold for a minimum price. This is because such goods do not possess a title of ownership. A little bit of luck combined with adequate research can help people pick up great stuff at a reasonable price. Generally, it is seen that anything and everything can be purchased at a police auction. However, care should be taken while purchasing any commodity. Often these goods may not be of good quality or may be heavily damaged. Police auctions do not guarantee the quality of the goods sold.

Information relating to police auctions can be obtained by visiting and making inquiries at the respective police department. Details regarding the date and time can also be obtained online on a number of websites.

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