| There are all sorts of government agencies that seize | | | | than not it'll still be greatly marked down and you can |
| property for various reasons. The one agency that | | | | walk away with some great savings. This is also a |
| seems to get the most interesting stuff is the DEA, or | | | | great opportunity for blossoming real estate agents or |
| US Drug Enforcement Agency. | | | | landlords to start a business. They can find cheap |
| The types of items the DEA comes into possession | | | | property deals at these auctions, buy and fix them up, |
| of are quite varied. This is because of places and | | | | then resell them for profit. This is an opportunity though, |
| people they 'do business' with. These items and | | | | not a guarantee, so always do your research |
| property then end up at a government or DEA auction | | | | beforehand. |
| for the highest bidder to buy. The DEA cannot hold | | | | Electronics is a hot category at these auctions. TVs, |
| onto this stuff forever and the added cash they make | | | | cameras, radios, dvd players, music players, laptops, |
| really helps them stay operational. | | | | computers, and tons more are all there. People love |
| So what can you find at a DEA auction? | | | | technology these days and a DEA auction is a great |
| Well the most obvious will be vehicles. The DEA | | | | place to find cheap gadgets. The items are usually not |
| comes across all sorts ranging from cars, to trucks | | | | 'run of the mill' random junk either. |
| and SUVs and motorcycles. What you can find will be | | | | Remember, the property at these auctions is used so |
| quiet varied so you'll most often have a good selection. | | | | always consider the adage 'buyer beware'. Inspect the |
| The quality is never guaranteed to be top notch so | | | | items, consider the quality, research pricing for new |
| always be aware of that. Inspect the vehicle you're | | | | and used in other areas to get a sense of value and |
| interested in before the auction if possible. Auction | | | | also how well the item is supposed to work and then |
| vehicles will be most always greatly marked down | | | | bid accordingly. |
| from blue book value, but just to be safe you'll want to | | | | Finding auctions is pretty easy. While these auctions will |
| do some research on expected pricing. Never pay | | | | not take place all the time, when they do they will post |
| more than the bluebook value if possible. | | | | notices in local newspapers, and even online. Speaking |
| Recreational vehicles can be found as well. RVs, | | | | of online there are services available that let you |
| boats, jet skis, etc are usually all there. Some great | | | | search for local auctions in your area. They maintain |
| deals can be found with these. | | | | databases of all sorts of auctions and even the types |
| A big category outside of vehicles is real estate. | | | | of things you can find at these auctions. |
| Houses, land, condos, buildings, etc can all be found in | | | | If you're a savvy auction attendee, or are just looking |
| varied amounts. These will be more expensive than | | | | for a great bargain on a used car, then you'd be doing |
| other items because, well, its property, but more often | | | | yourself a favor to check out a local auction. |