| The Internal Revenue Code requires that seized property be sold by
Public Auction or Sealed Bid Auction. Either way, the auction is open to the
public and bidding and rules conducted by an auctioneer (usually a Property
Appraisal and Liquidation Specialist with the IRS). At the end of the
bidding process or the opening of the sealed bids the highest recorded bid
will be awarded the property being auctioned. Items for sale include
antiques, automobiles, commercial/industrial property, real estate, patents,
and much more.
For complete information visit
www.irsauctions.gov. |