Business & Finance Bankruptcy

How to Purchase Repossessed Objects

  • 1). Look up "Auctioneers" in the yellow pages.

  • 2). Call several auctioneers and confirm that they carry repossessed objects.

  • 3). Get auction dates, locations and times.

  • 4). Ask what information/identification you need to bring.

  • 5). Ask if you need to pay in cash.

  • 6). Ask if there is an entry fee.

  • 7). Ask what commission the auction house takes.

  • 8). Ask for a brochure or Web site address that details the items featured in the next auction.

  • 9). Study the brochure carefully before attending.

  • 10

    Attend the auction and get a great deal!

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