Cheap Homes for Sale
House Buying Tips

Home Inspection Checklist
Mortgage Refinancing

Investing in Real Estate
Alternative Housing

Site Map
Profit from Real Estate

U.S. Marshals Auctions

(An excerpt from 69 Ways To Make Money In Real Estate)

By - 2005

Advantages:

You might get a great deal at one of these auctions.

Disadvantages:

There will be competition, and they do try to get market value.

The U.S. Marshals Service (USMS) offers property for sale to the public which has been forfeited under laws enforced or administered by the United States Department of Justice, its investigative agencies (Drug Enforcement Administration, Federal Bureau of Investigation, and Immigration and Naturalization Service, Bureau of Alcohol, Tobacco and Firearms), and certain other federal law enforcement agencies. More than 14,000 items of forfeited property are sold annually with gross sales of $200 million.

The property offered for sale consists of residential, commercial real estate, land, business establishments, financial instruments and a wide range of personal property such as motor vehicles, boats, aircraft, jewelry, art, antiques, and collectibles.

There are occasionally some good deals to be found here on real estate. You can even take a look at the properties online. For more information visit: http://www.usdoj.gov/marshals/assets/nsl.htm


If you found this useful or interesting, please share:


Houses Under Fifty Thousand | U.S. Marshals Auctions