mortagesandforeclosures

by Lawrence Blake

More and more free no charge government auctions are becoming the topic of conversation these days. Also have you noticed that there are a great many homes and dealerships being vacated. As I drive by where once stood sprawling land mark car dealerships, I now see what looks like abandoned ghost towns.

No doubt this is due in part to our declining economy. Many dealerships have gone bankrupt and their auto inventory seized. Banks and financial institutions repossess these autos as well. Here is where you fit in. Due to the enormous expense to store all these autos, they must be auctioned off at extremely discounted prices.

Everyday thousands of Americans default on their car loans and home mortgages. This in part leaves them up for grabs at free no charge government auctions. You might ask, "What does prosperity have to do with free no charge government auctions" Well In a way it brings to mind an old saying.

What you can purchase at the government auction is far from being used junk. In fact much of what you will find is in mint condition and fully functional. The homes may sometimes need a little work, but for the price you purchase it, Who cares?

You can acquire almost anything at the government auction. Most of it for a lot less than you would normally pay elsewhere. The government auction have for along time been a closely guarded resource used only by the dealerships. They are usually not advertised to the general public.

There are a few who have acquired accessing rights and made them available to their members. As a result the government auction members can take full advantage of some of the most unbelievable bargains ever. Some of up to 90% book value.

Pull a little cash together and go down to one of these free no charge government auctions and prosper. You can go online as well. To be honest with you, I would take more than a $100 with you because although it is possible to make a purchase with that small amount of cash, you'll probably be out bid.

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