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Government Auction Reviews

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AUCTION RESOURCE

Auction Resource is a highly regarded source of government seized and controlled property ranging from automobiles, real estate, and a wide variety of personal property items. These can all be purchased through a government auction if you know how to find them.

The website contains an excellent tutorial that guides those new to government auctions through the ins and outs of the property auction process. Members are also offered Free Bonuses upon signing up, which include ebooks that provide valuable information and guides in the effective use of government auctions in order to find the best deals possible.

The Auction Resource customer support line was among the best of the sites we reviewed. Like many of their competitors, you're provided only limited access to any information until you become a member. However, with their 60-day, risk-free guarantee, you really have little to lose to sign up and explore.

Unlike other government auction websites that charge a high monthly fee, Auction Resource only has a single affordable annual charge. Payment can be made via all of the major credit cards as well as through PayPal. Once you sign up you have instant access to the entire site and all of the benefits that entails.

Auction Resource scores high marks for their customer friendly website, information, no-risk guarantee, and affordable pricing. They earn our highest rating.

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GOVERNMENT AUCTIONS

Government Auctions has a very easy-to-navigate website that provides a comprehensive listing of current government auctions across the country. The website comes highly endorsed by a number of national sources, such as CNBC, Business Week, Good Housekeeping and Barron's magazines.

The website has easy to identify tabs across the top of the home page that lists the categories of auctions: Government Auctions, Items, Autos and Foreclosures. When you click on each tab, you are provided with a map of the United States in which you can simply click on a state and then a list of the current auctions is provided. The best feature of this web site is that you can actually see these active auctions and the actual items being auctioned without becoming a member. No other web site offered this feature. All of the others reviewed here made you sign up and pay their fee before getting this far. With Government Auctions, you are not asked to enroll until you actually click on a particular item to bid on.

The listings provided were large and very comprehensive and the government auction and foreclosure data is constantly updated. Their customer service is very good and overall this was one of the best sites reviewed. The site also provides tutorials and other learning resources for those unfamiliar and new to the government auction process. The site contains links to blogs that provide up-to-date information and news about auctions, even listing some unique items at great prices.

You're provided with a free 3-day, money-back trial period after you sign up for Government Auctions. All major credit cards and PayPal are accepted for payment.

While Government Auctions is more expensive than some of the other companies reviewed, we liked the customer focused policies and option to review property before buying a membership.

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GVOERNMENT LIQUIDATION

Government Liquidations is an online auction site but it is much different from the other sites in our review. Rather then sell confiscated or repossessed items from government entities, Government Liquidation sells only military surplus items. In fact, the array and variety of what is available is mind boggling.

The advanced search feature allows you to browse through thousands of available bid items by category of the item, location and keywords. This makes it much easier to find specific items across the U.S. or by more narrowly defined geographic areas. Most of the locations of the available product are at U.S. military installations and air force bases. Additionally, there are easy to find comprehensive detailed listings of past bid results. The web site is very attractive and easy to maneuver. Again, the variety of items range is large and range from live horses from the cavalry, scrap metal, pizza ovens and even furniture from the pentagon. It is so vast, the best way to describe it is to just get on the site and explore.

Perhaps, the best feature of this site is that there is no cost to join or no monthly or annual membership fee. They make their money off the sales from their web site. You have immediate access to the full site and all of its features.

So, while Government Liquidation offers a different type of product then most of the other sites, its array of available auctions items and their uniqueness make it well worth the stop.

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GOV AUCTIONS

Gov Auctions is another web site that provides extensive search tools that enable you to find a wide variety of open auctions containing thousands of items that have been seized by federal, state and local governments for reasons ranging from foreclosure to police seizures.

The Gov Auctions web site is somewhat cluttered but overall not all that difficult to navigate. The site has a nice feature, utilizing Google maps, that shows the exact physical location of an auction. This is helpful, especially if you are the winning bidder on an item and need to know how to get to the physical location to pick up what you purchased. The site also has direct links to other relevant auction sites available online. This could prove to be an extra valuable resource when doing your research and preparing a bid.

The cost of membership is a one-time fee only. You pay once and you belong. They offer a 60-day guarantee and all major credit cards and PayPal are accepted.

Additionally, Gov Auctions has a link to obtain auto financing. The site promises that the online application can be completed in about two minutes. Like many similar sites, they provide educational resources to help both the new and experienced online auction bidder. These include step-by-step five day auto auction tutorials and a comprehensive 20 page guide to all federal government property sales programs and auctions. (However,you have to print these 20 pages on your own from the member-only portion of the web site.)

Overall, Gov Auctions is a functional site: Not the savviest of those reviewed, but not the worst either.

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POLICE AUCTIONS

Police Auctions gives the impression by name and appearance that it lists auctions of police confiscated items and those from other government agencies. It does not. It is an auction site but what is auctioned comes from a variety of sources. While the web site does offer a variety of categories of inventory items, it is by far most focused on jewelry.

There is no shortage of other independent consumer reviews of Police Auctions and nearly all are very poor. There are many complaints of false advertising and misleading values of merchandise. There are claims that the stated value of some of the jewelry is sometimes as much as 80 percent higher than the actual value. Of course, buyers only discover this after they win a bid, make the purchase, receive the item and then have it professionally appraised.

Their return policy has also caused consternation with consumers with problems with refunds and their insistence that the item be insured during the return shipping for the stated value when it is actually worth much less.

One good thing, the site is inexpensive. But that's no consolation if it comes with so many problems.

Since bidding on any of these sites involves some risk, in that you are buying used items without seeing them, it is much better to stay away from a site like this that comes with so many customer complaints.

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Government Auctions

Government auctions provide shoppers access to new or used, seized or surplus goods and real estate often at bargain basement pricing. Government auctions have historically been held on the steps of local city halls and court houses but over time the process has dramatically changed.

People that are looking for value prices on quality new and used goods can now search, bid, and buy products at a government auction anywhere in the country. Locating a government auction is the only challenge many consumers find. However, a number of companies exist today that provide website links, auction listings and updated details of what is being sold when, where, and how.

Listings such as these offer shoppers access to the best deals on goods and propriety across the nation.

Before searching online for the best government auction website, save yourself time and frustration and consider the following:

  • Cost. What does the website charge for access to thousands of government auction listings each week?
  • Return Policy. If you aren't satisfied with the directory of government auctions, can you request a refund?
  • Focus. Does the website focus on any particular type of government auction? Or will it provide access to all types of goods, propriety, military surplus and more?

TopConsumerReviews.com has reviewed and ranked the best Government Auction services available today. We hope you find these reviews helpful in finding your next great deal at a government auction!



Government Auctions In The News

U.S. Government Bond Yields Flatline Following Fair Two-Year Auction

U.S. government bonds stalled Tuesday as a dearth of economic data and a relatively uneventful debt auction left many investors sitting on the sidelines. The yield on the benchmark 10-year U.S. Treasury note settled at 3.065%, unchanged from Monday.

Published:  Tue, 22 May 2018 16:58:00 GMT



Legend Coin Auctions Brings Over $7.7 Million in Record-Breaking Online Auction Hosted by HiBid.com

Last week's auction included a number of especially rare and valuable ... there remain even fewer that did not enter circulation since those held in government vaults were melted by mandate of the Pittman Act of 1918 (which ordered the conversion of ...

Published:  Thu, 24 May 2018 07:01:00 GMT



CEE MARKETS-Currencies rebound, bonds mixed ahead of key auctions

Weak demand forced the Czech government to cut its offer at a bond auction on Wednesday. Regional bond markets were mixed on Thursday ahead of bond auctions in Hungary, Poland and Romania, even though the Fed minutes improved sentiment. Poland's 10-year ...

Published:  Thu, 24 May 2018 02:08:00 GMT



Muni-Bond Sales Sold by Auction Poised to Reach Two-Decade High

Last year, states and local governments sold about 24 percent through auction, their highest level since 2000 ... Oregon's Bureau of Environmental Services and the chair of the Government Finance Officers Association's debt committee.

Published:  Fri, 25 May 2018 07:31:00 GMT



U.S. Government Bonds Little Changed Ahead of Bond Auctions

U.S. government bonds were little changed Monday ahead of the scheduled sale of $115 billion of short- and intermediate-term notes. The yield on the benchmark 10-year Treasury note closed at 3.065%, falling for the second consecutive session, from 3.067% ...

Published:  Mon, 21 May 2018 17:40:00 GMT



Exelon: Record Amount of Nuclear Capacity Failed to Clear PJM Auction

"What this auction showed is "¦ the death of coal has been greatly ... Kathleen Barrķ³n, Exelon's senior vice president of Government and Regulatory Affairs and Public Policy, said in a statement that Exelon's nuclear plants fared badly owing ...

Published:  Thu, 24 May 2018 07:09:00 GMT



U.S. Government Bonds Little Changed Ahead of Bond Auctions

U.S. government bonds were little changed Monday ahead of the scheduled sale of $115 billion of short- and intermediate-term notes. The yield on the benchmark 10-year Treasury note recently traded at 3.063%, according to Tradeweb, from 3.067% Friday.

Published:  Mon, 21 May 2018 09:06:00 GMT



TABLE-Yields rise in weekly South African government bond auction

JOHANNESBURG, May 22 (Reuters) - South Africa's Treasury sold a total of 2.4 billion rand ($192 million) worth of its 2032, 2037 and 2048 instruments on Tuesday. Yields were higher compared with previous auctions. R2032 BOND: March 31, 2032 - 6.25 pct ...

Published:  Tue, 22 May 2018 03:37:00 GMT



As Italy struggles to form a government, Moody's threatens downgrade

Moody's cited a risk that the new government may fail to reduce public debt as key ... Italy will test investor demand for its debt next week, offering bonds at auction. Despite the recent surge, Italian yields are well below the peaks they reached ...

Published:  Fri, 25 May 2018 17:18:00 GMT




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