Can I Bid On My Own Storage Unit

Probably but since many such auctions are held with a reserve for the money owed why would you not simply pay the storage fees redeem your things and be done with it.

Can i bid on my own storage unit.

If you bid online you re not dependent on the weather grant said. There are storage auction sales for used police department vehicles governmental agency office supplies and assortments of used furniture from individual storage businesses. Storage unit bidding is usually less formal than an estate or government auction as bidders generally don t have paddles. Bidding on storage units can garner a lucrative amount of extra income for the careful bidder.

Bid on self storage auctions online. You might also find that they assert some contractual provision as a lien on your property which you can t circumvent as you are not a bona fide buyer. The storage facility is not responsible for the contents of the. When auctioning off the contents of a tenants storage unit the company must provide a public announcement about the auction in a form of an advertisement.

All sales are final. Instead they call out the amounts they are willing to pay until the highest amount is bid. Furthermore online auctions give you the chance to do a little research. The advertisement is required to include information such as what the believed contents of the storage unit are the location of the storage unit and the tenant s name.

Our company also does not bargain once it reaches the point of auction. Each year thousands of self storage units are abandoned storage auctions in western australia are held on a regular basis online through ibidonstorage things to avoid at storage auctions television shows like storage wars make bidding on storage units seem like an intense exciting pastime while this can be true it s important to keep in mind the people. We do not allow a tenant to bid on their own units at auction. The highest bidder is given paperwork to sign in order to transfer ownership of the contents to his name.

Unless your state statute provides differently an auction requires the use of a licensed auctioneer. The average storage auction sells the contents of storage containers when the owner is unable to make payments on the monthly fee. If you choose not to use an auctioneer you should refer to your lien sale in all advertisements and other materials by the same term used in your states storage statute usually public sale. The company will however accept 3 4 down set a pay in full within 30 days or it s back to the auction block no special payments deals.

If you win the unit you must immediately place your own lock on it.