June 6, 2008, Newsletter Issue #141: Government Real Estate Auctions

Tip of the Week

There is a large amount of land available for sale by auction through the federal government. Land for sale by the government divides into two categories: real property and public lands. Real property is defined as developed government property -- usually in the form of government land with buildings or other structures on them. Public land is undeveloped land owned by the government that is usually found in Alaska and the Western states of the US. The General Services Administration (GSA) is responsible for selling real property owned by the US government. Contact them to find out about upcoming government real property auctions. The US Department of the Interior controls the sale of public lands. Contact their offices for information on land auctions, though these sales much less frequently.

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