Drug seized property includes a variety of assets that have been seized during drug raids and that once belonged to drug traffickers.
The items are auctioned off so that the funds collected can be used for positive means. Drug seized property is one way of punishing the criminal and returning to the community what drug traffickers take from the community. If you buy drug seized property you are supporting a good cause and you are simultaneously contributing to the community. Drug seized property is often offered at remarkably affordable prices and can be found auctioned offline as well as on the Internet.
About Drug Seized Property
Drug seized property includes a variety of assets that have been seized during drug raids and that once belonged to drug traffickers. In certain states, property can be seized and sold or auctioned off. When property is seized it is done so legally so you are buying legal property for sale. Sometimes property is seized during an arrest, after a search warrant has been established, and the officers seizing the property have full permission to do so. Typical seized property includes things like firearms, homes, coins, collectibles, cars, and other property.
Once drug property has been seized, it is first treated as if it is evidence. The property is stored for a time period in an assigned facility. Full reports are created about the property seized and why it was seized, who owned the property and the property is described, valued, and it is checked for any lien holdings. The Assistant Attorney General deems whether or not a forfeiture action must be appropriately filed. If there is evidence lacking that proves that there was drug trafficking going on the individual accused of the crime is given back his or her property. If there is sufficient evidence than the property can be legally seized and sold for a profit.
What to Look for When Buying Drug Seized Property
You will have to ready yourself for the auction process when you are looking to buy drug seized property. Know in advance that often times the bidding on property does not go up until the very last few minutes of an auction. You might find something low cost only to find that the price climbs considerably the last few moments of the auction as bidders fit to win the property.
When you are bidding on drugged seized property online, carefully read the description of the property so you know exactly what you are getting. This is particularly true when buying cars, coins, jewelry, collectibles, electronics, and other expensive items. It is your job to know what you are getting when you bid on any property.
Sometimes you can get very lucky when bidding on drug seized property. You might get an expensive item for next to nothing in terms of the actual cost. Sometimes you might only save a couple hundred dollars. Nevertheless, you will find that drug seized property is definitely a good way to get a good deal.
Bear in mind that drug seized property is used. It was formerly owned by someone else. This means that the condition of the item may be less than perfect when you buy it. If you are willing to accept used property, buying items at a police auction can help you find exactly what you are looking for at super low costs. You can buy everything from homes to cars, from art to home décor through many public auctions online and off.
Some websites exist where you can become a member to find out more about all of the drug seized property auctions being held in various states. These sites may cost some money for membership, but if you are interested in attending a lot of auctions the membership fees may be worth it for you. Sometimes, if you are willing to travel, you can get some super deals. Bear in mind however that if you buy a large item at auction you need to be prepared to transport the item back to your residence. You will need to calculate the costs of doing so into your budget.
Where to Find Drug Seized Property Online
Drug seized property includes cars which can be found on Seized Cars. Seized Cars information offered by the company include seizures made by the Internal Revenue Service, the U.S. Marshals Service, U.S Customs, the Small Business Administration, the Police and Sheriff’s Auctions, the U.S. Department of Defense, Bankruptcy Court Seizures, and more. Signing up for the site’s member’s area gains you entrance to information about non publicized auctions. For full details visit: http://www.seizedcarcenter.com/.
PoliceAuctions.com has some of the best auctions which are accessible right online. The drug seized property on offer for bidding includes jewelry, accessories, animation cel art, antiques, art, books, cameras, photos, cars, trucks, parts, and clothing. Additional drug seized properties include car audio electronics, coins, paper money, collectibles, dolls, bears, DVDs, movies, fossils, rocks, gemstones, home and garden items, home security items, motorcycle gear, spy gear, swords and armor, and more. Items are auctioned off and you have to bid and win on them in order to buy them. If you plan on bidding on items you need to register with the site so that you can place bids. The site has $1.00 auctions, government auctions, foreclosures, and more. You can create a watch list so you can monitor the bidding price of items and you can bookmark the site as well. For more information visit: http://www.policeauctions.com/.
DEAuctions.com has information on government auctions, police auctions, and more. When you become a member of the site you get full information about auctions, what properties are available, and where you can bid on them. You can find drug seized property like used automobiles, boats, jet skis, airplanes, houses, land, coins, stamps, art, trucks, cameras, electronics, machinery, and more. For full details visit: http://deaauctions.com/.