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	<title>Make You Rich &#187; Online Auctions</title>
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		<title>Penny Auction Facts</title>
		<link>http://www.makeyourich.com.au/penny-auction-facts.html</link>
		<comments>http://www.makeyourich.com.au/penny-auction-facts.html#comments</comments>
		<pubDate>Tue, 12 Jul 2011 07:55:36 +0000</pubDate>
		<dc:creator>Arturo Kendall</dc:creator>
				<category><![CDATA[Online Auctions]]></category>
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		<guid isPermaLink="false">http://www.makeyourich.com.au/penny-auction-facts.html</guid>
		<description><![CDATA[The concept of Penny Auction is something which has taken the on the internet browsing to a much greater degree. Improve in marketplace price and lower in earning scopes had continually prevented a person from having the merchandise of their wish. Cutting additional expenses from your daily expenditures can continually handle to gather a number of pennies for you, which may well not be a wholesome amount, satisfactory sufficient to fetch you a residence theater, an iPad, other digital devices, some luxurious furnishings as well as foreign holidays. But now through the registered Penny Auctions sites, it is possible to opt for all those items that you have usually dreamt of having but couldn't manage because of some or even the other financial crisis.]]></description>
			<content:encoded><![CDATA[<p></p>
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<p><script type="text/javascript" src="wp-content/plugins/wpaffpro/wz_tooltip.js"></script>The concept of Penny Auction is something which has taken the on the internet browsing to a much greater degree. Improve in marketplace price and lower in earning scopes had continually prevented a person from having the merchandise of their wish. Cutting additional expenses from your daily expenditures can continually handle to gather a number of pennies for you, which may well not be a wholesome amount, satisfactory sufficient to fetch you a residence theater, an iPad, other digital devices, some luxurious furnishings as well as foreign holidays. But now through the registered Penny Auctions sites, it is possible to opt for all those items that you have usually dreamt of having but couldn&#8217;t manage because of some or even the other financial crisis.</p>
<p>Penny Auctions websites provide an exciting way of purchasing items which don&#8217;t impact the pocket significantly. With significantly ease and comfort you are able to make large saving on higher assortment merchandise as in contrast in acquiring the same item from some substantial road branded stores. But in case you are a beginner in online bidding then ensure that that you&#8217;ve performed a fantastic homework just before you receive stated with any these kinds of Penny Auction web-site. Here in this particular write-up I&#8217;ll manual you with some Penny Auctions bidding hints to ensure that you are able to place a bid that is special and earn great chances of winning the item.</p>
<p>To begin with, if you are finding started with all the bidding then lookup for products that are less tempting. Present cards and bid packs are something that many people do not favor to bid. Normally competitions in these goods are fairly very low along with your probabilities of successful the bid also grow to be great. 1 thing that should always be kept in thoughts is that the marketplace recognition of the item determines its bidding price.</p>
<p>Folks will unquestionably bid additional for those goods which are either newly lunched or are all time favorites. So, initially it really is preferable to go together with the goods getting much less targeted buyers. Also, with these types of little bids you will be able to understand the developments of bidding in these Penny Auction web sites.</p>
<p>Your chances of successful increases in case you search for web-site which are new in bidding home business. Here comparatively less variety of people today competes for any offered bid. But you are able to continually opt for any Penny Auctions web page so long as you realize how you can outbid a consumer group referred to as &#8220;powerbidder&#8221;. They are bid maniacs having a lot of income to spend on bidding and unnecessarily raising the bid cost. Although it could not be considered a fair deal and they could also lose lump sum amount to get a not so worthy product but as I mentioned they&#8217;ve lots of income and therefore can get to to any extent of bidding to win their wanted product. So, it&#8217;s recommended to remain away from high tempting bids to stay clear of power bidders.</p>
<p>Bidding on line could possibly sound very basic but the actual technique it not as simple as it sounds. Bidding on any Penny Auction website demands skill and expertise. Prior to you commence a bid it really is incredibly important to understand the exact market cost of your product that you&#8217;re bidding for. Bidding unnecessarily superior for any item just because others are also performing so is merely a sign of stupidity. Your prime goal must always be in bidding minimal and successful higher. So, by no means make the very first move. Watch for a whilst, observe the bidding developments and then only make the move.</p>
<p>To find out exactly how I dominate <a target='_blank' href="http://www.pennyauctionstrategyguide.com/">penny auctions</a> and win hundreds of dollars worth of auctions for pennies. Also you can visit my website to see my <a target='_blank' href="http://www.pennyauctionstrategyguide.com/">penny auction strategy</a>.</p>
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		<title>Best Penny Auction Sites Investigated</title>
		<link>http://www.makeyourich.com.au/best-penny-auction-sites-investigated.html</link>
		<comments>http://www.makeyourich.com.au/best-penny-auction-sites-investigated.html#comments</comments>
		<pubDate>Thu, 19 May 2011 07:44:57 +0000</pubDate>
		<dc:creator>Lara Gould</dc:creator>
				<category><![CDATA[Online Auctions]]></category>
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		<description><![CDATA[The very best penny auction internet sites will be those you return to yet again and once again in search of bargains. They will be run by reliable merchants who work in an honorable trend. Care need to be taken in creating choices as numerous folks have arrive away from these unsatisfied with the outcomes.]]></description>
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<p><script type="text/javascript" src="wp-content/plugins/wpaffpro/wz_tooltip.js"></script>The very best penny auction internet sites will be those you return to yet again and once again in search of bargains. They will be run by reliable merchants who work in an honorable trend. Care need to be taken in creating choices as numerous folks have arrive away from these unsatisfied with the outcomes.</p>
<p>They are referred to as this since the submission of a bid prompts the cost on an item to go up a single cent. To get in on the bidding, the participant will initial be necessary to buy a group of bids. These can arrive up in models of all sorts of size. The smallest typically begin all around a hundred and then can climb to a thousand or more.</p>
<p>These signify the quantity of possibilities you will get to put down a bid. You can get all of your packet and use it up trying for a single point or spread it all above the internet site. In any occasion, the object is to keep holding the bid as the clock runs out for placement of entries.</p>
<p>Any amount of tactics have been formulated for dealing with this. It might not be clever to bid at the start off given that these will not stand up at the conclude. There are manners within these for acquiring info as to how numerous other people are trying for what you want as properly as what dimensions deals they are bidding from.</p>
<p>There is some self policing to these varieties of enterprise. The illicit ones can be quickly caught out. People turn into wary because of to this. The remaining websites ought to bolster there security arrangements. As soon as trustworthy agencies are positioned, you require to devise a technique that will assist you win what is obtainable. There can be outstanding bargains, and the very low price of entry is also eye-catching.</p>
<p>The greatest penny auction web sites will flip out to be the ones that you use most typically. There has to be a purpose you keep going again. That will probably be because you are picking up some marvelous bargains whilst having a great time doing so. Read far more about: <a target='_blank' href="http://www.bestpennyauctionssites.com">very best penny auctions sites</a></p>
<p>Looking to find the definitive source of information on <a target='_blank' href="http://www.bestpennyauctionssites.com">best penny auctions sites </a>?</p>
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		<title>How To Decide Being A Full Time Or Part Time E Bay Seller?</title>
		<link>http://www.makeyourich.com.au/how-to-decide-being-a-full-time-or-part-time-e-bay-seller.html</link>
		<comments>http://www.makeyourich.com.au/how-to-decide-being-a-full-time-or-part-time-e-bay-seller.html#comments</comments>
		<pubDate>Thu, 22 Jul 2010 08:03:17 +0000</pubDate>
		<dc:creator>Sagar Jawale</dc:creator>
				<category><![CDATA[Online Auctions]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[ebay]]></category>
		<category><![CDATA[ebay auction products]]></category>
		<category><![CDATA[ebay motorcycles]]></category>
		<category><![CDATA[ebay motors]]></category>
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		<description><![CDATA[Going full time as an e bay seller resides the dream making a real income, working from house, being your individual boss and all the remainder of it. It's the promise of one million scams, and it is finally come true no less than for some one.]]></description>
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<p><script type="text/javascript" src="wp-content/plugins/wpaffpro/wz_tooltip.js"></script>Going full time as an e bay seller resides the dream making a real income, working from house, being your individual boss and all the remainder of it. It&#8217;s the promise of one million scams, and it is finally come true no less than for some one.</p>
<p>Would I really make more money?Until you are promoting a large quantity of small items, most of what you do on e bay will be ready for auctions to end  and you can wait at work simply as you&#8217;ll be at home. This is the reason whether you&#8217;ll make more money on e bay really is determined by what kinds of things you are promoting  for low cost gadgets, going full time could be a very good move. For prime cost ones, the chances are you will hit the bounds of how much cash it&#8217;s a must to put money into inventory long before you hit the limits on your time.</p>
<p>Is my Residence a Good Place to Work?Quite other than anything, you would possibly find that the dream of house working is more of a nightmare in reality. People can begin to depend on you to get issues done that have to be done during the day. If you have a spouse and children then they can resent the fact that you are in the home however refuse to to do work with them for large time of the day. Giving in to any of these things and stopping work for a while will trigger your profits to fall.</p>
<p>Can I Survive if it All Goes wrong?In the long run, would you be able to get away if there was a month or two where you sold actually nothing? Or would you be desperately looking round for a job and cursing the day you ever found e bay? That is the real test.</p>
<p>Going full time as an e bay seller is the dream making a real money, working from residence, being your boss and all the remainder of it. It&#8217;s the promise of a million scams, and it&#8217;s lastly come true for you.When you made it through all these questions, then I guess you might be right for the e bay life  and even when you did not, you needed to know just how far you will go part  time.</p>
<p>Learn more about <a href='http://www.ebayauctionmarket.com'>ebay</a>.  Stop by Author Name&#8217;s site where you can find out all about <a href='http://www.ebayauctionmarket.com'>ebay motors</a>  and what it can do for you.</p>
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		<title>Paying E Bay Through Paypal</title>
		<link>http://www.makeyourich.com.au/paying-e-bay-through-paypal.html</link>
		<comments>http://www.makeyourich.com.au/paying-e-bay-through-paypal.html#comments</comments>
		<pubDate>Tue, 20 Jul 2010 07:28:10 +0000</pubDate>
		<dc:creator>Sagar Jawale</dc:creator>
				<category><![CDATA[Online Auctions]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[ebay]]></category>
		<category><![CDATA[ebay auction products]]></category>
		<category><![CDATA[ebay motorcycles]]></category>
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		<description><![CDATA[PayPal and e bay were made for each other and now that e bay own PayPal, using them together is getting even easier.What is PayPal?
People with PayPal accounts can send money to each other securely online. You can deposit money in a PayPal account from a bank account or a credit card, and withdraw money to your bank account. It is the most common way of paying on e bay, as well as being in widespread use on the rest of the Internet.]]></description>
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<p><script type="text/javascript" src="wp-content/plugins/wpaffpro/wz_tooltip.js"></script>PayPal and e bay were made for each other and now that e bay own PayPal, using them together is getting even easier.What is PayPal?<br />
People with PayPal accounts can send money to each other securely online. You can deposit money in a PayPal account from a bank account or a credit card, and withdraw money to your bank account. It is the most common way of paying on e bay, as well as being in widespread use on the rest of the Internet.</p>
<p>Opening a PayPal Account-It is very easy to get a PayPal account. Simply go to paypal.com and click on the &#8216;Signal Up&#8217; link. As a purchaser, it is best to get a Personal account &#8211; you possibly can all the time upgrade later if you happen to start out selling. Then all that you must do is enter your name with, phone number and electronic mail address, and create a password, and two secret questions. You&#8217;ll be emailed a document, after which you might be done!</p>
<p>If you want to deposit money into the account now, then you need to register a credit or debit card or your bank details, and if you want to withdraw money then you need to register your bank details. There&#8217;s no need to do anything like that just yet, though.Paying with PayPal.<br />
Paying with PayPal is very simple. When you win an auction and click &#8216;Pay Now&#8217;, you&#8217;ll be given a list of payment methods the seller accepts. </p>
<p>Becoming Verified.-you might have noticed that there is a limit to how much money you can send or withdraw using PayPal before you need to be verified. Verification has two steps.</p>
<p>First, PayPal deposit some very small amounts of money in your bank account and you need to tell them how much they deposited. Second, they need to phone you to confirm your address and phone number. Once you have done that, all the limits on your account will be lifted. Log in at paypal.com and click on &#8216;Get Verified&#8217; for more information.</p>
<p>Looking to find the best deal on <a href='http://www.ebayauctionmarket.com'>ebay</a>, then visit www.ebayauctionmarket.com to find the best advice on <a href='http://www.ebayauctionmarket.com'>ebay motors</a> for you.</p>
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		<title>Seized Property Auction Offers Some Many-Saving Deals</title>
		<link>http://www.makeyourich.com.au/seized-property-auction-offers-some-many-saving-deals.html</link>
		<comments>http://www.makeyourich.com.au/seized-property-auction-offers-some-many-saving-deals.html#comments</comments>
		<pubDate>Tue, 30 Sep 2008 00:39:36 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Online Auctions]]></category>

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		<description><![CDATA[One place to find some of the best bargains on all types of items is at a seized property auction. These types of sales usually have no minimum bid or reserve price and property of all types can often be bought for pennies on the dollar of their true value. However, it is also possible [...]]]></description>
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<p>One place to find some of the best bargains on all types of items is at a seized property auction. These types of sales usually have no minimum bid or reserve price and property of all types can often be bought for pennies on the dollar of their true value. However, it is also possible for some of the items to be purchased for much more than they are actually worth and buyers have to be careful about the items on which they bid. It is never a good idea to buy from a seized property auction without visually inspecting the property. </p>
<p>Cars, trucks, houses, land and even household furnishings are often on the block at a seized property auction, sometimes to pay off past due taxes and other times due to their purchase with illegally gained wealth. In many instances, property purchased with money from illegal activities is seized and sold at a seized property auction to pay fines and restitution owed by persons convicted of various crimes. </p>
<p>Additionally, a person convicted of a major crime and jailed pending the payment of fines, may lose any property of value in order to pay their legal debt. In most instances, the property, especially cars and real estate, are in good condition and can be purchased at a seized property auction much cheaper than buying them new or used from a different source. </p>
<p>Keeping Tabs Of Upcoming Seizure Sales </p>
<p>In most states, a seized property auction must be advertised in order to have the largest number of bidders at the sale as possible. History has shown that the more bidders on  hand the day of the sale, the higher the bidding on most items. It is illegal in most states to hold a private seized property auction, and buyers who purchase anything in those cases could lose their money as well as their right to the property. </p>
<p>There have been businesses that have participated in illegal activities and saw their business holdings going up for sale at a seized property auction or at a commercial real estate auction. While their personal property will usually sell to the general public, there will be limited interest in their commercial real estate holdings.  </p>
<p>In most states, it is acceptable to divide the property to be presented at different venues to give the entity a better chance of realizing the biggest return on the seized property auction. Real estate can be sold separately from personal property and usually attracts a different type of bidders. </p>
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		<title>Property Tax Auction May Provide Best Deals</title>
		<link>http://www.makeyourich.com.au/property-tax-auction-may-provide-best-deals.html</link>
		<comments>http://www.makeyourich.com.au/property-tax-auction-may-provide-best-deals.html#comments</comments>
		<pubDate>Sun, 28 Sep 2008 00:39:36 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Online Auctions]]></category>

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		<description><![CDATA[Taking advantage of someone else&#8217;s misfortune may not be amenable to some property buyers, but others believe that someone is going to buy property at a property tax auction so it may as well be them. There are many different circumstances that land property on the auction block at a property tax auction and sometimes [...]]]></description>
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<p>Taking advantage of someone else&#8217;s misfortune may not be amenable to some property buyers, but others believe that someone is going to buy property at a property tax auction so it may as well be them. There are many different circumstances that land property on the auction block at a property tax auction and sometimes it is simply due to the owner&#8217;s reluctance to pay their taxes. Reasons can vary, but the reality is that the property has been confiscated due to the failure of the taxes to be paid and an auction allows the governing body to recover their taxes and someone to get a bargain on a new home or slice of land. </p>
<p>Properties are foreclosed upon due to lack of mortgage payments and in some cases taxes are added to the monthly payments. However, many lenders do not offer to collect and submit the taxes to the governing agency, making the homeowner responsible for insuring they are paid. If they fail to remain current on their taxes, they could find their home sold at a property tax auction. </p>
<p>All homes listed for sale at a property tax auction are not always sold. Homeowners have up until the time of the sale to pay all back taxes, as well as any associated charges in order to keep the property off the bock. However, it is rare that the charges are cleared within a day or so of the property tax auction and once listed, most of the sales proceed on time. </p>
<p>Not All Properties Worth The Investment </p>
<p>Potential buyers need to be wary of buying property at a property tax auction, as in some instances the taxes are based on an inflated home value. For instance, if the area around the home has greatly depreciated in value, the taxes owed may be based on prvious valuation. If the homeowner failed to have their property reappraised, the amount of taxes owed may be higher than the value of the house and property. </p>
<p>Buying from a property tax auction is a classic case of buyer beware and carries some of the same risk as buying from a seized property auction. If the governing body failed to perform due diligence prior to the sale, partial ownership in the property may not be fully disclosed and another party may make claim to the property after the sale at the property tax auction. In this case, the new owner can either forfeit their winning bid or opt to pay claims made by others. </p>
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		<title>Kicking The Tires At An Online Real Estate Auction</title>
		<link>http://www.makeyourich.com.au/kicking-the-tires-at-an-online-real-estate-auction.html</link>
		<comments>http://www.makeyourich.com.au/kicking-the-tires-at-an-online-real-estate-auction.html#comments</comments>
		<pubDate>Fri, 26 Sep 2008 00:39:36 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Online Auctions]]></category>

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		<description><![CDATA[Many people relate buying property at an online real estate auction to buying a used car without looking at it in person. When looking for a used car they want to be able to kick the tires and look under the hood, things they are not able to do by simply looking at pictures. However, [...]]]></description>
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<p>Many people relate buying property at an online real estate auction to buying a used car without looking at it in person. When looking for a used car they want to be able to kick the tires and look under the hood, things they are not able to do by simply looking at pictures. However, buying property at an online real estate auction often provides more information than they need, provided it is from a reputable company with a good reputation. </p>
<p>Years ago, many people fell victim to real estate scams perpetrated against unknowing individuals who ended up owning land that was not only inaccessible but also did not live up to its descriptions. With today&#8217;s online real estate auction sites, updated photos can be viewed and many states and counties allow access to real estate records for potential buyers to see if there are any real problems with the real estate on which they have their eye. </p>
<p>Another big advantage to an online real estate auction is that properties can be made available to many more people without them having to travel around the globe to view the available properties. From the comfort of their home, they can view and bid on properties virtually anywhere in the world and know they are getting a chance to bid at an online real estate auction with sales conducted in real time. </p>
<p>Deals Can Be Found From The Misfortune Of Others </p>
<p>In many instances, the only persons who know about property sales are those that live in an adjacent area. With an online real estate auction, properties can be located and purchased by nearly anyone with the means to do so. Many states and counties offer homes for sale at a property tax auction, meaning the property can be purchased simply by paying off any past due taxes. Of course, the winning bid may be higher than the amount owed, but normally considerably less than the property&#8217;s appraised value. </p>
<p>Buying from an online real estate auction site is also a good way to purchase vacation or investment properties. However, it is always recommended to pay a personal visit to the area before bidding on land that may not meet the needs or expectations of the new owner. In many instances, it is a good idea to have a professional in the area look at the property before making a bid at an online real estate auction site. </p>
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		<title>Finding Good Deals At A Property Auction</title>
		<link>http://www.makeyourich.com.au/finding-good-deals-at-a-property-auction.html</link>
		<comments>http://www.makeyourich.com.au/finding-good-deals-at-a-property-auction.html#comments</comments>
		<pubDate>Wed, 24 Sep 2008 00:39:36 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Online Auctions]]></category>

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		<description><![CDATA[There can be different understandings of what is sold at a property auction, but in most instances, it involves land with or without any structures on the property. There are an equal number of reasons for a piece of land to show up on the auction block of a property auction, including land going through [...]]]></description>
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<p>There can be different understandings of what is sold at a property auction, but in most instances, it involves land with or without any structures on the property. There are an equal number of reasons for a piece of land to show up on the auction block of a property auction, including land going through probate, a dispute over ownership or the fact it was confiscated to pay past due tax debt. Whatever the reason, in many instances, the property can be purchased for far less then its appraised value, depending on how attractive it is for future use. </p>
<p>One of the things to look for when considering buying land at a property auction is the potential for an increase in value in the future. While many buyers look at the land for their own personal use, many others might consider it an investment. There are some instances where land in a residential or farming area can be sold quickly for development, in which case a hefty profit can result. However, there are also times if future use of land bought at a property auction is too far down the road, there is the possibility its value will fall. </p>
<p>In some commercial enterprises, the purchase of land at a property auction is to insure they have enough property on which the enterprise cam expand and grow. In others, the purchase may be by a private individual with an opposing view in mind. </p>
<p>Auctions Make Land Available In Many Locations </p>
<p>While there may be many people interested in buying land at a property auction, the location may prohibit them from traveling to view all of the properties in which they are interested. To that end, an online real estate auction site can help them identify possible sites available for purchase. Regardless of where a person resides, they can view land available in other areas before deciding if it may be worth the trip to attend the property auction in person. </p>
<p>Many companies use the online property auction information to find land for future expansion and if they believe it will suit their needs can travel there on their own or find a local representative to attend the auction. When having a third-party attend and participate in the bidding process, they usually provide specific instructions concerning the top bid they are willing to make as well as how they will pay for the propery if they are indeed the winning bidder. </p>
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		<title>Buying Land At A Real Estate Auction Can Be Risky</title>
		<link>http://www.makeyourich.com.au/buying-land-at-a-real-estate-auction-can-be-risky.html</link>
		<comments>http://www.makeyourich.com.au/buying-land-at-a-real-estate-auction-can-be-risky.html#comments</comments>
		<pubDate>Mon, 22 Sep 2008 00:39:36 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Online Auctions]]></category>

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		<description><![CDATA[There may be different reasons for people to attend a real estate auction, but primarily it is to find a good deal on a piece of land or a house. In most instances, the winning bid for property at a real estate auction is required to be for two-thirds of the appraised value of the [...]]]></description>
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<p>There may be different reasons for people to attend a real estate auction, but primarily it is to find a good deal on a piece of land or a house.  In most instances, the winning bid for property at a real estate auction is required to be for two-thirds of the appraised value of the property, if it is a foreclosed or confiscated property, but that requirement may not always hold true. At some estate auctions, the heirs of the property are so anxious to rid themselves of unwanted ownership that they will take whatever they can get. </p>
<p>One thing anyone considering bidding on property at a real estate auction should keep in mind is the history of the property&#8217;s deeds. In most instances, a title search has been completed prior to the property being put on the auction block, but not always. Additionally, the quality of the title search, in which potential lien holders are identified should be questioned before placing any bids at a real estate auction. </p>
<p>Once the bidding ends and the gavel falls, the only thing that is needed to take ownership of the property is the funding, but if a dismal search failed to reveal others with a financial interest in the property, the new owner cold be saddled with more debt than they bargained for. Additionally, potential bidders should closely examine properties available at a real estate auction to insure they meet the requirements of most lenders. </p>
<p>Hidden Problems Can Create New Ones </p>
<p>Buying property at a real estate auction can be risky in other ways, in addition to possibly finding debt buried in years of title transfers. The condition of the home may have some problems hidden behind new exterior siding or interior walls that are not apparent unti the new owner begins to make other repairs or renovations. Unlike selling a home on the open market, there are not always free and open disclosure of all systems in the house to allow the buyer to make an informed decision. </p>
<p>Many times, a real estate auction is accompanied by a property auction, especially during an estate sale, in which all the contents of the home are sold prior to the house and property arriving on the block. In rare cases, the land can be sold separately from any structures on the land and once purchased, the buildings will have to be removed. It pays to do the homework before making a potentially winning bid at a real estate auction to make sure there is not more than bargained for included in the purchase price. </p>
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		<title>Government Surplus Auction Helps Pay For Replacement Items</title>
		<link>http://www.makeyourich.com.au/government-surplus-auction-helps-pay-for-replacement-items.html</link>
		<comments>http://www.makeyourich.com.au/government-surplus-auction-helps-pay-for-replacement-items.html#comments</comments>
		<pubDate>Sat, 20 Sep 2008 00:39:36 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Online Auctions]]></category>

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		<description><![CDATA[Some may have trouble understanding how the government buys more than they need of anything, but many of the items sold at a government surplus auction are necessarily because too many were bought. Cars for example, are sold at a government surplus auction once they have completed their anticipated service life and the money from [...]]]></description>
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<p>Some may have trouble understanding how the government buys more than they need of anything, but many of the items sold at a government surplus auction are necessarily because too many were bought. Cars for example, are sold at a government surplus auction once they have completed their anticipated service life and the money from the sale goes to replace them with new vehicles. With the federal government, the General Services Administration buys a fleet of vehicles and leases them to the many agencies. Once their life span is completed they are sold at public auction. </p>
<p>Money from the sale of these vehicles at a government surplus auction will go to help pay for new fleet vehicles. Most of the cars and trucks sold at these auctions still have plenty of life left in them and most have adequately maintained during their lifetime. Listings are available from a variety of sources, including the agencies offering the sale, and locations are announced well in advance of the sale to give all interested persons the opportunity to participate in a government surplus auction. </p>
<p>Bidding at a government surplus auction can be fast and furious and, depending on the type of merchandise on the block and the interest it holds among that days&#8217; participants, prices for an item can vary from one day to the next and even from one location to another location. </p>
<p>Reserve Prices Usually Not Made Public </p>
<p>When items are put up for sale at a government surplus auction, come may have a reserve price, below which the item will not be sold. Unlike a real estate auction that usually requires a bid of two-thirds of the appraised value, a government surplus auction may also have a reserve price, but will not be announced and if the winning bid is below the reserve the item&#8217;s sale will not be completed. </p>
<p>At a surplus car auction for example, there will be a representative from the GSA on site who has the final say on whether the sale is completed or not. If the bid price is too low the vehicle will usually be presented at the end of the government surplus auction that day or it could be moved to a different location and offered again at a later date. </p>
<p>Merchandise bought at a government surplus auction is usually provided on an as-is basis, meaning there is no guarantee that it will function as designed. In some instances it may also be sold where-is and the buyer will take possession at a location different from the site of the auction. </p>
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