Surplus Property For Sale
State of Idaho property, with some exceptions, is disposed of through the Idaho Department of Lands, pursuant to Idaho Code §§ 58-331 and 58-332. If a state agency has identified the real property as surplus to their needs, it is appraised, presented to the Land Board for approval, and offered to state government and tax supported agencies for potential sale. If there is no interest from a government or tax supported agency, it can be offered for sale to the public.
Upon final approval to sell the property, an auction date is scheduled. The property is advertised for four weeks prior to the auction. An oral auction is then conducted in the location designated in the legal notice. The appraised value of the property establishes the minimum bid at the public auction. The property is sold to the qualified bidder submitting the highest bid. If the property does not sell at public auction, the Land Board may have the property appraised and enter into negotiations with any party.
Tips For Participating In Government Auctions
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The general rule for auctions is that the highest bidder wins, and cancellation is not possible. Check with the auction site ahead of time to find out if you can cancel a bid.
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Each auction website operates differently. In some cases, the government agency itself runs the auctions. In other cases, the agency operates the shopping site, but a third-party company handles the auction itself.
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Find out what forms of payment auctions accept. There is no uniform payment policy across all the different auctions. Some auctions accept credit card payments or personal checks. Others, such as the Internal Revenue Service , don’t accept either of these. Most auctions accept cashier’s checks.
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For real estate auctions, you may need to work with a broker or real estate agent to bid or make the purchase. Also, for real estate auctions, find out if financing is permitted. Many times it is not and the full purchase price is due when you win the bid.
Sign Up To Receive Available Property Notifications
Property may only be transferred to eligible donees. Visit About Surplus Property Program to review eligibility requirements.
The Missouri State Surplus Property agency prohibits discrimination in all its programs and activities on the basis of race, color, national origin, age, disability, and where applicable, sex, marital status, familial status, parental status, religion, sexual orientation, genetic information, political beliefs, reprisal, or because all or part of an individual’s income is derived from any public assistance program.
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Government Property For Sale Or Disposal
GSA frequently has surplus personal property and real property which it makes available for sale or lease by qualified parties.
Furniture and equipment such as appliances, wall hangings, technological devices, and the relocation expenses for such property.
Real Property relates to land and structures on that land, and includes undeveloped land, office buildings military holdings and more.
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Rates for Alaska, Hawaii, U.S. Territories and Possessions are set by the Department of Defense.
Rates for foreign countries are set by the State Department.
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Public Surplus Auction Opportunities
City property deemed surplus and of no use to other City departments may be sold via online public auction through GovDeals or the State of Washington Department of Enterprise Services . The City typically prefers to sell most non-bulk items through GovDeals.
Interested in bidding on City of Redmond surplus?
Check out the Citys GovDeals page to view current auction items and participate in online, open bidding opportunities.
Visit the DES surplus facilities for in-person, live auction events.
to request additional information on posted surplus items or the surplus program generally.
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What Does Tax
Properties offered for auction at tax foreclosure sales, but not sold, are deeded to the County. These properties are called “Tax-Title.” They may still be purchased from the County through a process called a tax-title sale. A list of tax-title properties is available at the Treasurer’s Office. Tax-title properties are subject to the same risks as tax foreclosure properties. Check the Auctions page for sale dates and minimum bid lists.
How Is Tax
Purchasing tax-title and County-owned surplus property is done through public auction, or by private negotiation without a call for bids per RCW 36.35.150, and is called a tax-title sale. It can take 6 months or more to bring a property to sale.
An Application to Purchase County Property , along with a $150 deposit starts the process. Each property requires a separate form and deposit. You may, however, request that several properties be sold as a group.
The Treasurer’s Office schedules a meeting of the Whatcom County Property Management Committee to present all applications received. The committee makes a recommendation to retain or sell a property, either by public auction or private negotiation. If the committee recommends retaining the property, the applicant’s deposit will be refunded. If the committee recommends in favor of the sale, a resolution is drafted and submitted to the County Executive.
The County Executive usually forwards the resolution to the Whatcom County Council.
The Whatcom County Council sets a public hearing date and applicants are notified. At the hearing the Council approves or rejects the sale. If the sale is rejected, the applicant’s deposit is refunded.
If approved for sale by public auction, the Whatcom County Treasurer schedules the auction and the applicant is notified of the date, time and location. The auction is advertised in the local newspaper for 3 consecutive weeks.
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