Auction Know How

Government Car Auctions

xc700 — Thu, 17 Nov 2011 21:21:53 +0000

Government Car Auctions

Government car auctions are popping up more and more frequently and they are mutually beneficial. There are thousands of government car auctions going on throughout the United States and for good reason, because people keep getting their vehicles impounded, and many are just randomly discovered by the police and turned in. A lot of the cars listed in government car auctions are impounded when they have been involved in a crime. Some of these cars are never claimed after they have been released. In these situations, the cars can’t be sold one on one because there isn’t appropriate paperwork available. Cars in these situations then end up in government car auctions. This is good news for the general public because you can get a nice car, for a great price, normally much cheaper than they would at blue book value.

Government car auctions are growing in popularity because in today’s world, most of us need to find a good deal on anything we buy, particularly a car, which can be a real budget buster. . Most of these vehicles are well maintained and many of them are newer models. You’ll even find cars that have served various branches of the government, and now are just too out of date for the part they were serving, but not for the majority of us. A car that’s only two or three years old may need replacing for government purposes but can be a great commuter car for the rest of us. Best of all you can pick one up for a lower price than any car you can get new or used at other standard car auctions.

There is really no reason not to purchase your next car from government car auctions. Whether the cars were just used by the government, or seized because payment wasn’t being made, they are almost all in good shape and all available for a great price. There are SUV’s, trucks, cars, and many other types of vehicles that you can bid on, and you’re guaranteed to walk away with a great deal on any car you purchase.

Government Car Auctions

xc700 — Fri, 11 Nov 2011 20:35:07 +0000

All government car auctions function a little different; however, there are many uniform standards that apply to all. Learning a bit about how these auctions work could enable you to purchase a great car at a fraction of its actual value.

Many people don’t actually realize that they can attend government car auctions. People end up spending far more than necessary, when, with a little time and effort at an auction, you could end up with a great car for a great price.

As with buying any used car, it’s a good idea to check out your options before bidding. Most auction sites will allow you to view the available vehicles a day or two before the auction. Many will often provide information on each vehicle, which will help you decide if it’s a good investment. If information is not provided, you can make note of the vehicle’s VIN number and research it on your own.

On the day of the auction, be ready to bid aggressively on the car you want. It’s possible that there will be heavy competition, and if you’re not prepared for it, you may lose to another bidder. Be sure, however, to have a set limit on how much you’re willing to spend; if the bidding exceeds your budget, then it may be better to drop out than to spend more than the car is worth.

Don’t worry if you don’t win. It’s possible that you may have to try more than once before you get the car you want at the price you want to spend. If you’re patient and consistent, you’ll soon find the right car at the right price.

Many government car auctions will start the bidding as low as $100, and you can usually expect to spend no more than a few thousand dollars.

Buying a Car At An Auction

xc700 — Fri, 11 Nov 2011 20:23:38 +0000

If you are looking to buy a car, going to a car auction is a great way to find a really good deal and save a lot of money over going to a dealership or used car lot. Buying a car at an auction will enable you to find good transportation but you need to be prepared when you go. First figure out what type of vehicle you are wanting, then bring along a value guide something like the NADA or Kelly Blue Book. If you have a smart phone, you can pull up the KBB.com website and enter the info right on your phone to find out the value of the car. If you know ahead of time the vehicles that will be at the auction, you can look this up before hand and print it out, so you will have a list of the fair market values and even recent sales.

One good rule of thumb for auto auctions is the arrive early. Most of the best deals will the featured in the very beginning and the end of the auction, so arriving early and staying till the end may get you the best deals. When looking at the vehicles, always ask for the history, so at least you will know. If you have access to a way to run a check on the VIN, this would be smart to do at this point. Some auctions will have booths set up so this can be easily done. It is good to know if the vehicle is clear of previous accidents or damage from floods, etc.

Before buying a car at an auction, find out the “premium” that is added to the price. Sometimes you may not know this amount until after the purchase. Sometimes these amounts will make a good deal not so good because the premium will cause the amount paid more than you intended, more than fair market value. Each auction adds fees to cover their services. Some add as a percentage of the sales price, and some charge a flat fee. Find out what this is before you bid. Once this is taken care of, place the bid, keeping within your own set budget, keeping in mind the fees you need to pay to be able to drive the car off the auction lot.

Buying a House At Auction

xc700 — Fri, 11 Nov 2011 20:18:46 +0000

You can find really good deals when buying a house at auction. Many times homes are not auctioned by private individuals but by banks or the government who have obtained the property back due to foreclosure or unpaid taxes. Many times these are very nice, well maintained homes. It would be helpful if you go to an auction for a home to research about buying foreclosed homes and about purchasing homes that need renovations.

The first step is to obtain financing. If you are paying cash, that’s great you won’t have to worry about a mortgage. If you need financing, then you need to be approved for a loan first. Talk with your loan officer about your plans and they can set you up with a preapproved loan package to carry with you to the auction.

You can find auctions for home in your local newspaper classified ads. Many now will also list such auctions online as well. Real estate agents are aware of such proceedings and you can find out from them if there are any available. Call the auction houses directly too. They can alert you to any upcoming auctions, if they know the type of home you are interesting in purchasing. Once you figure out where the homes are you can check them out further to make sure it is one you are interested in. Drive by to take a good look. Some homes may have an open house before the auction which will give you time to do a walk through.

The next steps involve having the home inspected and deciding after that if you wish to go forward. If you decide to then you need to set your budget. Realize that you can’t withdraw your bid once you place it if it wins. Make sure you have solid financing prior to placing that first bid. If you win, you will need to contact your loan officer to finalize the paperwork. Then it is done as a normal purchase, you close with escrow, normally within one month of the win afterbuying a house at auction.

Buying A Home At Auction

xc700 — Fri, 11 Nov 2011 20:10:20 +0000

When buying a home at auction there are a few things you should be aware of before you jump in with your bid. Realize that the owner of the property has the right to completely stop the auction if they come up with the funds to pay what they owe. Typically this is for properties that are being auctioned due to the owners not being able to make timely payments or paying the taxes. A lot of homes are abandoned by the owners, where they walk away and give up the rights to owning the home. But there are a few that are forced out due to financial difficulties. It is these people that may try to do all they can to come up with funding to be able to stop the auction. Being aware of this will help you to make a plan B for finding another home if this situation arises.

You can research these types of situations before you even place a bid on a home. You can find out if the owner is actively trying to get the home back. But even if they are trying, it doesn’t mean they will get the property back, especially if they can’t come up with funds to pay the mortgage or taxes current within the specified time frame (normally it is within 30 days of the auction time.)

If you go forward with buying a home at auction sale, find out how they want to be paid. Some auction sites requires the full amount paid at the auction. Others may require a percentage of the sale as a down payment, then a set amount of time will be giving to come up with the remaining financing. A lot of times you will have to do a little digging before hand to find out exactly how the auction house handles the proceedings once the auction is won. This can vary from state to state and even from county to county. Read up on foreclosure laws and maybe even sit in on an auction to see how it is done.

New York Farm Equipment Auctions

xc700 — Tue, 25 Oct 2011 19:52:43 +0000

New York is the third most populated state in the entire nation and when we think of it, we think of New York, NY, the exciting city, not the agricultural industry. New York has a huge iconic city and picturesque locations that can be identified by people all over the world, even if they’ve never had the opportunity to visit. No matter how much we know about the weather, the picturesque landscapes, the city, and the state itself, no one really pictures New York as being a great place to farm. The truth is that the farming industry is thriving in New York thriving, do in part to the humidity and precipitation throughout the state. The rain itself has led to creating some of the most fertile grassland in the U.S. and creates the perfect agricultural conditions that enable farmers to grow their crops and raise livestock on some of the most able land in the country.

To meet the demands of the thriving farming communities, and in an effort to sale farmer’s some hard earned cash, the area has seen a growth in New York farm equipment auctions. These auctions give the farmers the opportunity to buy both new and used farm equipment as well as a chance to sell their own. It’s a fun way to spend the day, save a buck, and walk away happy with the deal they got. These New York farm equipment auctions just may make the retail stores obsolete one day.

Roy Teitsworth, Inc.
6502 Barber Hill Road
Geneseo, NY 14454
585-243-1563

MacFadden & Sons Inc.
1457 Hwy. Rte. 20
PO Box 220
Sharon Springs, NY 13459
518-284-2090

New Mexico Farm Equipment Auctions

xc700 — Tue, 25 Oct 2011 19:47:21 +0000

New Mexico is located in the southwest region of the United States. The state has a density of only 16 per square mile within the entire state, making it the 6th most sparsely populated state in all of the United States. It used to be populated almost entirely by Native Americans for centuries before becoming a U.S. territory. New Mexico offers a huge variety of flora and fauna that is much different from the rest of the United States, by having a geography made from a range of flat desert areas and pinon-juniper woodlands. Not simply desert like much of the southern United States, but also large, dry but strangely fertile grasslands and forested areas. Even the wooded and more fertile plains are still dry compared to most of the other southern states.

One thing that also sets New Mexico apart from some of the other states is that New Mexico is still fertile enough to support a thriving farming community. The farmers are able to grow a variety of unique crops compared to the rest of the United States, due to the odd climate and geography that makes up New Mexico. The booming agricultural industry has also lead to a huge amount of farm equipment sales centers to thrive and recently New Mexico farm equipment auctions have started popping up all over the state.

New Mexico farm equipment auctions give another choice to farmers who are looking to spend less but also run their farm more efficiently. New Mexico farm equipment auctions offer a large range of farming equipment, and often they can be bought new or used from other farmers in the area. These auctions are a great and frugal alternative to the high list prices of farm equipment and a win-win situation for the farmers.

Tumbleweed Equipment & Auction Co.
PO Box 242
Socorro, NM 87801
575-835-2321

Bill Johnston Auctioneers
PO Box 747
Portales, NM 88130
575-356-5982

New Jersey Farm Equipment Auctions

xc700 — Tue, 25 Oct 2011 19:43:08 +0000

New Jersey is part of both the Northeastern and the Mid-atlantic regions of the United States. It has one of the richest histories in the United States as well as having been inhabited by Native Americans for more than 2,800 years. Many of the tribes lived along the coast of New Jersey and used the precipitation from the coastline to make their farmland that much richer and efficient. The Native Americans used New Jersey as their lifeline for crops, agriculture and livestock throughout their long a vibrant history, and agriculture continues to thrive in New Jersey today. The humid continental climate is unique compared to other states in the area because of its higher elevation, which causes the temperature to be slightly cooler.

New Jersey has hot and humid summers with long and cold winters. The harshness of the weather varies season to season, however the humidity is always constant and can make the farmland that much more fertile. The agriculture business in the area has continued to grow, even today, following the lead of the original, Native American inhabitants. With its huge agricultural industry, New Jersey has also seen farm equipment sales to go through the roof. Fortunately for the farmers, the appearance of New Jersey farm equipment auctions are giving local farmers an affordable resource for buying as well as selling their farming equipment. New Jersey farmers can now save a bundle since they don’t have to buy retail!

Alfred’s Auctions, Inc.
Finocchiaro Alfred
PO Box 861
Hightstown, NJ 08520
609-448-7653

Archives International Auctions LLC
P.O.Box 978
Tenafly, NJ 07670
201-567-1130

New Hampshire Farm Equipment Auctions

xc700 — Tue, 25 Oct 2011 19:38:22 +0000

New Hampshire is one of the smaller states in the United States. It’s 42nd in population, 44th in land area, and 46th in total area of the state. It is located in the northeast tip and part of the New England region of the United States. The weather in New Hampshire is a humid, continental climate with mild summers with high humidity, and extremely cold and wet winters. Even though the winter weather is harsh, the humidity and constant precipitation do have their benefits, especially for farmers. The moist atmosphere produces fertile farmland, leading to bountiful crops and other farming opportunities.

New Hampshire changes quite a bit from corner to corner, the topography ranging from wet flat grasslands to mountainous regions. The flat grasslands tend to be most frequently used by farmers to grow a vast variety of crops. The area is full of individuals invested in the agricultural field, and along with the growing farming enterprises, there has also been a boom in the sales of farm equipment, which has led to lucrative endeavors for farm equipment retail stores. Now farmers have a new way to buy everything they need at affordable prices at the local New Hampshire Farm Equipment auctions. The farm equipment auctions carry a wide range of both new and used farm equipment, giving local farmers a chance to save money and even to sell the equipment that they no longer want.

North Country Auctions
PO Box 400
West Ossipee NH 03890
603-539 5322

Nevada Farm Equipment Auctions

xc700 — Tue, 25 Oct 2011 19:33:30 +0000

Nevada is well known for a lot of things, Las Vegas, fancy venues, big stars, the desert, the mountainous regions and its dense population. When we think of Nevada, it usually doesn’t relate to farming and agriculture. Most of us can’t imagine much of the topography of Nevada being ideal for farming, due to the fact tha it is nearly all desert, however there are many sections of the state that are fertile and efficiently used to grow crops, raise livestock, and ultimately run a very successful farming environment.

The climate and humidity in Nevada is high enough to help boost the fertility of the farmland, and the vegetation zones can range significantly from the dry conditions in the Mojave Desert to the basins and wide open ranges and scenery around Western Nevada.

The thriving farming community in Nevada has boosted farm equipment sales for years, and lately the area has seen a new way to buy farm equipment popping up all over the state. Farmers now have an opportunity to save money by purchasing their farm equipment from a variety of Nevada Farm Equipment auctions instead of the regular suppliers. The local retail stores are often overpriced and will only deal with new equipment. Nevada farm equipment auctions offer a large range of models and often sell used as well as new equipment. The Nevada farm equipment auctions are a great place to buy and sell farm equipment, and gives the local farmers an opportunity to save their hard earned cash.

Nevada Livestock Marketing, LLC
1025 Allen Road
Fallon, NV 89406
775-217-9273

Richie Bros Auctioneers
10500 Clark Peterson Blvd
Las Vegas, NV 89165
800-211-3983