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Local Police Auctions A Source of Wealth
BY: Richard Titmas Words: 497
Local police auctions, offer you just about anything that you can imagine, and at unbelievable savings. You can purchase real estate, cars, boats, planes, artwork, jewelry, furniture, you name it , you can find it at local police auctions. These items are gathered from seizure laws and can be found in various conditions, many of them are near new. Every year, literally millions of dollars' worth of assets, forfeited merchandise or seized goods are sold through local police auctions at a fraction of the retail cost. These auctions exist in every state and almost every city in the country. Unless you know where to look, these bargains often go unnoticed by the general public. This is a potential windfall of wealth and savings, going to only those that are informed. It's almost impossible for you not to find what you are looking for. Local police auctions is a great source to find seized and forfeited merchandise right in your own back yard. Buying from a local police auction is great way to either find that item that you only dreamed about, for pennies on the dollar, or an easy way to generate a stream of potential wealth. There are many online auctions that allow you to place a bid on an item usually after viewing a few photos of the item, but my recommendation is to find these auctions within your state and nearby cities, go see the items that you may want to potentially bid on in person. Prior to the auction, there is usually a period of time to preview the item offered. Local police auctions function on one very basic principle. A large quantity of stolen or forfeited goods is confiscated and turned in for evidence. Since it's nearly impossible to find the rightful owner of these goods, these items build up rather quickly, and need to be disposed of in the same manner…fast and cheap. I know of a man that bought a Rolls Royce for $400.00. How did he do it you ask? Very simple, he was the only one that showed up to bid. This gentleman then turned around and sold this car for more than $60,000. Now that is what I call I nice days pay. Now granted this is an extremely rare case, but the idea is sound, the average citizen is just not informed, and those that are, reap the profits. Information is one of the oldest commodities throughout history. With information comes power, with power wealth usually follows. By becoming informed, you can buy these items at next to nothing, and either keep them for yourself, or sell them for a profit. It does not matter what the item is, there is always a buyer that is willing to pay your asking price. Local police auctions usually offer small objects such as books, jewelry, clothes, electronics, music, but you will also find cars, boats, motorcycles, RV’s and so forth. Wealth is at your fingertips at local police auctions. For more information on local police auctions, please visit http://www.localpoliceauctions.com I worked for a local auction for 7 years. Throughout that time I was always amazed at what wholesalers could pick these items up for, and how few actually showed up to bid.
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Self-storage auctions, an unfortunate regularity (Norwin Star)
Self-storage auctions, an unfortunate regularity
Cypress To Discontinue Participation In Reverse Auctions (Business Wire via Yahoo! Finance)
SAN JOSE, Calif.----Cypress Semiconductor Corp. today announced that it will no longer participate in reverse auctions - the procurement process whereby suppliers bid against one another in real-time over the Internet for procurement contracts.
Speaker to provide session on auctions (The Herald News)
Jim Miller will be the keynote speaker on benefit auctions at the South West Suburban Philanthropic Network's 8 a.m. meeting June 6 at Joliet Area Community Hospice, 250 Water Stone Circle in Joliet. Registration/networking will begin at 7:30 a.m.
BoT to space out bond auctions (Reuters via Yahoo! Asia News)
BANGKOK, May 2 (Reuters) - The Bank of Thailand said on Wednesday it planned to space out its regular auctions of one and two-year bonds from mid-May in a bid to encourage more secondary market trading of the papers.
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