If you're looking for a great bargain on virtually anything, you can find it while checking out the seized property up for bids at your local law enforcement agency. Sheriff sale advice is available out there, but some of it is really poor. As someone that has participated in these auctions in the past, I would like to think I could offer up some decent Sheriff sale advice. These tips can help you out with your purchase.
How they work:
Generally, the items will be sold during a government auto auction. The items up for sale can range from seized cars, to hunting stands. Typically, it will be held like any other auction, but some will occasionally have silent bids, or price tags. For this article, the Sheriff sale advice I can offer will revolve around standard auctions, although much of the Sheriff sale advice could work for virtually any sort of program. A simple phone call to your law enforcement agency will allow you to find out how the Sheriff sale will be held in your area. Hopefully the advice given will work regardless of how it's being conducted.
What's up for bids?
Before you get too worked up about going to the auction, you should really find out what's even available for bids. Perhaps the best Sheriff sale advice is to simply check out the items before the auction, so you don't waste your time. You will generally be able to find a lot of information online leading up to the auction, which typically includes the items up for bids. Some will also take out ads in the paper, so be sure to keep your eyes on the local newspapers in your area.
Inspection prior to bidding:
You should always inspect the items before you place any bids. This sort of Sheriff sale advice is really more about making yourself comfortable with your potential purchase. Check out any and all items, making sure they will work for you. If you are looking for items with a motor, it's really best to hear them run. Many times, the Sheriff sales only happen once each year, so my advice is to make sure the motor runs well before you make your purchase. Gas tends to separate, carburetors gunk up, which can lead to costly repairs. Sheriff sale advice should always include proper inspection of any item you would like to purchase. Sometimes there will be a separate day for inspection, and other times there won't be. If there is no separate day for inspection, be sure to arrive early, so you have time to check out the items before you make any bids.
Sheriff sale advice should include some basic tips for bidding at public auctions. There are some ways to make sure you don't get caught up in the moment, and pay too much for your items. If you do it right, you could get cars under $500 by following sheriff sale advice.
1. Proper research: Be sure you know how much the items you are interested in purchasing are actually worth. This type of Sheriff sale advice will help to ensure you don't pay too much.
2. Set a price: Before the bidding begins, you should set a price in your mind, and refuse to go over the determined amount. This will help you avoid the temptation to get caught up in the moment, and pay too much.
3. Have a friend bid for you: If you know you may get caught up in the moment, it may be wise to have a pal do the bidding for you. Make sure they know your top price before you allow them to proceed.
4. Bad weather: Bad weather is great if you are looking for a real bargain. You'll find that many won't attend the auctions if it's raining or snowing, which gives you a chance to save some real money.
Keep your paperwork:
This may be the best Sheriff sale advice I can offer. Some of the items up for bids may be listed as stolen down the road. You must make sure you keep your paperwork, so you can prove that you purchased the items in a legit fashion. Don't assume, protect yourself. From time to time stolen property is seized, with no way to find out who the owner of the property is. If the previous owner lists the item as stolen down the road, you could have some explaining to do. It will be much easier if you have the appropriate paperwork in hand. This is truly the best Sheriff sale advice there is to find cars under $1,000.
Filed serial numbers:
This really is no big deal, but it's important Sheriff sale advice to keep in mind. You can register vehicles, atv's and other items that had the vehicle identification numbers removed in most cases. A nice atv was sold at a local auction last year, at about 50% below fair market value. Many were afraid to bid because the VIN numbers had been filed off. The lucky owner simply took the paperwork he got at the auction in with him when he registered the atv in his name. He was only required to use an owner applied number for identification. Sheriff sale advice like this can save you big money at the auto auctions. While the others will shy away from items like this, you can save money with confidence.
Owner applied numbers:
No Sheriff sale advice article would be complete without some ways to protect yourself in the future. If you purchase an item with no serial numbers, or ones that were filed off, it is a good idea to apply your own identification to the vehicle you by at auction. This way you will be able to list your items as stolen, should that happen to you down the road. Simply scratching in a generic number, or perhaps your name, somewhere inconspicuous may save your items from the thieves. When you report your item as stolen, the police will be able to enter your owner applied numbers to the stolen item reports. This will make recovery much easier. This is some of the best Sheriff sale advice there is, because it protects you down the road.