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Staten Island, New York - Auction Houses search results Premier Listings

Popular House Auction Terms

In 2010, 2.87 million homes were repossessed and auctioned due to defaults on mortgage payments. Fortunately, this trend has made it more affordable for new homeowners to acquire property through auctions. Similiar to real estate auctions are estate sales, in which a deceased person's possessions are sold in one auction or piecemeal. Here is some of the common terminology used in the practice of auctioning real estate and estate sales.

  • Absentee Bid – If you’re dying for a rare antique you found on an online auction but can’t make the showing, consider placing an absentee bid. This bid can be submitted orally or in writing in lieu of your presence
  • Accredited Auctioneer, Real Estate – The Auction Marketing Institute designates this professional certification to auctioneers who possess the proper education credentials and a track record of good practices and ethics.
  • Appraisal – When a home is appraised, its property value is assessed by a third-party company. This information is essential to placing a bid.
  • Bank Letter of Credit – When a bidder is not paying with currency, a certified letter from the bank may be obtained to verify the person’s eligibility for credit.
  • Bid History – A historical account of all the bids made at an auction. By looking at the bid history, you can find out whether it’s worth it for you to place a bid yourself.
  • Estate Sale – An estate sale will involve an auction selling all of a deceased person’s property, including the person’s land, house, fine art, jewelry and other items of value.
  • Tax Sale – A tax sale differs from a foreclosure. A house is foreclosed as a consequence of mortgage default. A tax sale is conducted by the government when property taxes are not paid.
    National Auctioneers Association
    Overland Park, KS 66214
    The National Auctioneers Association represents the interests of the premiere auction houses and auctioneers across the country. Providing networking and business resources for your auction house.
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    New Jersey State Auto Auction
    375 State Hwy, Jersey City, NJ 07097
    Buy quality pre-owned cars, trucks, vans and SUVs below market value. If you are looking for used car bargains at wholesale prices with clean titles, then you have come to the right place. Auctions, too.
    (201) 200-1100
    Bikofsky Services
    300 Cadman Plaza W, Floor 12, Brooklyn, NY 11201
    Trust our inspectors to investigate foreclosed homes in your institution's list. Get in touch with our occupancy inspection company in Brooklyn, NY, today.
    (646) 902-5884
    Victor Auto Sales Inc
    6801 Queens Blvd, Woodside, NY 11377
    Used car dealer specializing in foreign and domestic cars, SUVs, vans, trucks etc. We finance anyone. No credit, Bad credit, No problem!!!
    (718) 672-7171
    The Pointe Sales Office
    155 Bay St, Staten Island, NY 10301
    (718) 815-0155
    Seaview Estates Inc
    90 Saint Marks Pl, Staten Island, NY 10301
    (718) 442-6621
    Irans Auction G
    389 Van Duzer St, Staten Island, NY 10304
    (718) 815-0376
    Niceplus Inc
    648 Forest Ave, Staten Island, NY 10310
    (718) 727-9089
    Father and Son Merchandise Inc
    115 Water St, Staten Island, NY 10304
    (718) 447-1601
    A Alestra Denni
    128 Port Richmond Ave, Staten Island, NY 10302
    (718) 981-9222
    P N J Enterprises
    203 Evergreen Ave, Staten Island, NY 10305
    (718) 317-2994
    Ages Associates Inc
    953 Post Ave, Staten Island, NY 10302
    (718) 727-6166
    Storebuilders 2
    2242 Forest Ave, Staten Island, NY 10303
    (718) 720-8200
    Mc Key Liquors Inc
    308 86th St, Brooklyn, NY 11209
    (718) 492-5888
    System Liquidators
    649 56th St Apt 1f, Brooklyn, NY 11220
    (718) 972-8925
    National Wholesale
    321 State Rt 440, Jersey City, NJ 07305
    (201) 434-4650

    Auction houses provide venues for people to offer various items of property for sale in a specific way. People can bid on property presented in auctions at more informal locations, or even online through websites such as eBay. Auction houses, on the other hand, can provide a greater assurance of professional standards. For one, auctioneers may appraise the value of works of art prior to people arriving to bid on these. Auction houses thus aim at facilitating the sales process. These establishments can be operated either by government or private, profit-driven entities. The former option can come into play when property owners have violated laws or regulations. The government might thus put up the cars which previously belonged to criminal offenders for sale. Without reducing the prices for which property is fully worth, furniture auctions and other transactions of this kind could provide benefits to less wealthy individuals. The more common and widespread venue of private auction houses can allow for visitors to bid for rare items of property. They could show, for instance, rare art, jewelry, or coins. Real estate, such as buildings or parcels of land, might also be presented to potential purchasers in this manner. When homes are foreclosed upon, auctioneers could place such items of property on the market. The inventory of varied items presented at auction could also assist people in adding historic or antique pieces to their collections. Auction houses generally represent likely locations for finding antiques and the like. While auctioneers can act dishonestly by rigging bids, all who do so will typically suffer legal ramifications, like fines, and a diminished professional reputation. In any case, auction houses should do all they can to preserve the compact of trust between themselves and their customers.
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