The country is in debt, and many people living in it are in the same precarious position as their beloved country.
It can be a situation that consumes your life, and it could lead to rough times ahead.
For some, it seems like a situation that they will never recover from, and for others, they are doing everything they can to get out of the hole.
One way they are trying to accomplish this is to find any way to make a business for themselves.
A great way to go about this is a government seized or surplus auction.
People head to live on online government auctions to purchase goods that they are in need of or desire.
Typically, they bid on an item, win that asset, and then take it home.
They just purchased a great item for well under market value.
Also, there are other people who head to these auctions to purchase multiple items for their own sales business.
The truth is that you can make a nice chunk of change purchasing items from an auction and reselling them yourself.
Some people might be scared that these items are seized or surplus, but they are just like any other pre-owned items that you can pick up on a secondary markets.
These assets are basically going for a fraction of the normal price because the government doesn't have a profit motive-especially with seized vehicles.
The government basically wants these autos out of their inventory and into the hands of a new owner.
Now, if you are going to make this into a small business of your own, there are a few things that you might want to consider before you jump all over this opportunity.
The first thing you need to realize is that you are not the only one who has the idea of bidding on a seized vehicle and reselling it for a great profit.
There are many others out there like you, so you need to be crafty when auction time strikes.
One of the biggest mistakes that people make at these events is to think that every vehicle is in mint condition.
Not only are these cars not brand new, but also they might be scrap metal ready for stripping.
Though, many people are in the auction business strictly looking for extra scrap metal for sale.
If you are attending a live auto auction, you have the availability of inspecting the vehicles prior to actually bidding on them.
Here are a few tips when checking out these cars.

• Bring a flashlight with you.
  It might be a little annoying to lug around, but you will then have the added advantage of checking out those little crevices that many people look over.
  You might spot something that will change your maximum bid.
  
• Try to get a buddy or mechanic to come alone with you to these auctions.
  It will help you a great deal if you have someone going down a checklist of things to look for when purchasing a used vehicle.
  If worst comes to worst, you might want to pay a mechanic some extra money to come help you out for an hour or two at one of these auctions.
  Believe me, this will help you out in the long run.
  
• Ask if you can sit in the vehicle and turn on the ignition.
  You have to make sure this item starts.
  If not, that is another thing to add to the list of expenses.
  
• In regards to having a list, you should always have a notebook with you that has your maximum value for each vehicle at the auction.
  Once you start inspecting, you can check off prices and adjust and values that need to be changed due to condition and wear.
  
• Try to check underneath the vehicle.
  See if anything is dangling or dripping off the bottom of the auto.
  Look for rust.
  If a vehicle is rusting, it might be already getting read for the scrap heap.
  Rust is a sure sign of devaluation and needed repair.
  

Needles to say, you need to price these seized items as you see them.
Let the inspection speak for itself, and don't let your emotions take over when you start bidding.
If you are serious about turning these auctions into a business, you are going to want to attend a couple auctions prior to making your first bids, just to see how the auction process works.
Again, take notes whenever you can, and you should be good to go when it comes auction time.
Have fun with it, and might see some fantastic profits coming your way in no time.