Home LifeStyle  Leisure Seized Property Auctions: Uncover a Steal of a Deal

Seized Property Auctions: Uncover a Steal of a Deal

Posted: Dec. 20th, 2008  |  By James Rothaar Freelance Writer |
RSS Syndicated News Email a Friend Suggest an Article Share Visit Website
Luxury Goods Auctions: The majority of goods on the block of Seized Property Auctions are seized and ordered by federal and state agencies to be sold at public auction. Items up for auction may include automobiles, real estate, art, jewelry, coins, collectibles, electronic goods, and household items.

The auctioneer's most recent sale included more than 2,000 high-end, big-ticket items. There are no reserves or limits placed on items. The bidding on all lots begins at $1.00. Rolex wristwatches, art by Chagall, and various jewelry and clothing by luxury-brand designers were in the lots of the December 2008 auction.

Most items are sold as-is. There is some flexibility on the terms of sale if the goods purchased differ substantially as described. Only items marked as guaranteed carry such warranty.

Lots also come from business inventory liquidations, dealer close outs of merchandise, and goods from private estates that make up the lots. Additional items come from banks liquidating property from abandoned safety deposit boxes and attorneys and trustees liquidating assets to settle estates and bankruptcies.

Seized Property Auctions is a private corporation and not a government agency. It is the official site Web site of the Federal Asset Recovery Services.

Pick up a schedule for upcoming auctions at www.seizedproperties.com.

For LxM James Rothaar
Related Topics : Lifestyle News
Share on Facebook Share
See Next Article
Write a Story/Review about this topic

Post a Comment

 
Related Articles
Featured Contributor
The Daily MealThe Daily Meal
Everyone fantasizes about being a celebrity at some point or another. Flying around the world in...
Read More | View Profile
The Best of Luxury
Event Calendar
Keeping Up with JustLuxe
Like Us on FacebookFollow Us on TwitterRSS Feeds
Sign Up for Our Newsletter!
Current News & Features
This Ultra Luxury Car Sharing Program Lets You Drive a Whip 100 Days of the Year
Ring in the New Year Aboard a 2014 Dyna 52 Yacht
Macallan Partners With Fashion Icon Mario Testino For New $3K Masters of Photography
Limited Edition Moët & Chandon Nectar Impérial Rosé Champagne is Covered in 22-Karat Gold Leopard Spots
Our Favorite Stars React to Their Golden Globe Nominations!
Canine Royalty Wants to Get Your Pooch Runway Ready!
Turn Your Home Into a Winter Wonderland With the Balsam Gazebo Candle
Nick Offerman Hilariously Schools Us On Fine Scotch Whisky in New Video Series
La Quinta Resort is Blown Away By JBF Rising Star Semi-Finalist Chef Ruiz in Taste of Waldorf Astoria
Katey Sagal and Jimmy Smits Spill their Guts on the Sons of Anarchy Series Finale (SPOILERS)
See the complete list

Best of Luxury

Finding the best in luxury can be a daunting task, which is why we've taken it on for you.
View All Best of Luxury
LivingLuxe. Exclusive Deals and Luxury Brands. Learn More
JustLuxe Galleries presents Popular Photo Galleries
Meet Our Writers Become a Contributor
McLaren Engineer Designs VanDutch Gocycle G2 Electric Bike
Mila Pantovich »
Exclusive: Here is How to Get $2,000 Worth of James Bond Swag For Free
JustLuxe Team »
Membership Has Its Privileges at These 8 East Coast Golf Clubs
Damon M. Banks »
See More Contributors
THINGS WE LIKE