How Do You Find Auctions for Seized Acquisitions?


Quick Answer

Use the search tools provided by the U.S. Department of the Treasury's website to locate auctions of seized property. You can find information on live and online government auctions at GovernmentAuctions.org, which offers the option to search by state or ZIP code.

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Full Answer

The services page of the U.S. Department of the Treasury website provides a link to auctions of real estate, merchandise, vehicles, industrial equipment and electronics acquired by the Internal Revenue Service. Additional links on the same page lead to information about auctions of property forfeited or seized as a result of criminal activity. This information is in three categories: real estate; vehicles, aircraft, vessels and general property; and cars seized in joint operations with the U.S. Department of Homeland Security. The Treasury Executive Office for Asset Forfeiture administers roughly 300 public auctions each year and then deposits the proceeds in the Treasury Forfeiture Fund, which it uses for restitution and law enforcement.

Full access to information at GovernmentAuctions.org requires a membership; however, the site offers a free trial that allows users to check a particular location for government auctions. Members search for auctions held by U.S. Customs and Border Protection and the U.S. Marshals Service to dispose of vehicles. The organization offers a link that shows a live auction, including previews and bidding. Tabs organize available data into government auctions, automobiles, merchandise and foreclosed properties.

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