This is the final part of a two part series. To read part one, click here.

An Arizona seized property auction offers items confiscated primarily by government and law enforcement agencies.  These auctions are held free or charge and open to the general public.  The property is often incredibly diverse.  And, it’s not unusual for bidders to get some items for pennies on the dollar.

 Getting a Deal at an Arizona Seized Property Auction

With the huge volume of seizures taking place because of criminal activity, you’ll often find thousands of items available at auctions.  The property is often incredibly diverse.  And, it’s not unusual for bidders to get some items for pennies on the dollar.

Typical items found at an Arizona seized property auction include vehicles, real estate, art, jewelry, collectibles, antiques, electronics, household items, sporting goods, business inventories and basically anything of value.

An Arizona seized property auction not only offers the average person a great deal, but resellers can make big profits as well.  Whether it’s a large-ticket item you’ve always wanted or marketable items you can make a profit on by reselling, you may not be able to find better prices.

How to Participate at an Arizona Seized Property Auction

The first step in buying seized property is to register with the auction site managing the auction.  The registration process is simple and only takes a few minutes.  The auction site will publish the details of all upcoming auctions and the details associated with each one.

Getting great deals can be invigorating and an Arizona seized property auction provides an exciting venue.  Because government agencies often want to liquidate items quickly, they are willing to sell them below market value.  And for many people, nothing is more fun than getting a real bargain!

For upcoming Arizona seized property auctions, take a look at our upcoming auctions schedule or contact us.

An Arizona seized property auction offers items confiscated primarily by government and law enforcement agencies.  These auctions are held free or charge and open to the general public.

So how and why do government agencies confiscate items?  Much of the property auctioned off has been seized as a result of criminal activity.  Illegal drug trafficking is the primary type of criminal activity in which personal property is often seized.

The sheer volume of drugs entering the U.S. is alarming.  Law enforcement agencies must protect the country’s borders and monitor the hundreds of thousands of commercial and private flights, the tens of thousands of merchant and passenger boats docking in U.S. ports, and the millions of people coming into the United States each year.

Law enforcement catches many criminals and their drugs on a daily basis.  As a result, police and government auctions are necessary to unload the billions of dollars in seized property.

In addition to property seizures from illegal drug trafficking and other criminal activity, confiscated property to be auctioned off can also originate from:

• Tax liens and levies
• Non-payment of debts
• Abandoned safety deposits at banks
• Abandoned property that was used as evidence during a trial
• Storage facility property that was either abandoned or confiscated for non-payment of rent
• Trustee liquidation sales for estates and bankruptcies

Seized Property for Auction

When you attend an Arizona seized property auction, you have a tremendous opportunity to pick up some great deals on quality items.  But how do these items end up at auction?

As drug trafficking and criminal activity increases, law enforcement agencies step up their raids, stings and other surveillance techniques.  When these activities are successful, the criminals are caught and their property seized.  In fact, any property used in conjunction with a crime is eligible for confiscation.

The more criminals are caught, the more property is seized.  The more property seized, the more auctions must be held.  All the revenues generated from the sale of confiscated property goes back to the law enforcement agency to help fight crime.  It’s definitely a win-win situation for the law-abiding public and the government agencies.

In part two of this series we will discuss how to participate and how to get a good deal at an Arizona seized property auction. For more information on upcoming seized property auctions in Arizona, contact Auction Systems or look at our auctions schedule.