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Storage Units Auction — You Can Find Treasures

Even if the antique and buy-and-sell business is not your thing find out more, you still have the option to go to storage unit auctions. You will be amazed at the variety of items that are stored in these facilities. People doubt these storage auctions believing they could be selling junks.

How does storage unit auctions work? If a tenant fails pay his rent before the contract expires, the storage facility has to make the contents available for sale to the public. Sealed bidding is the most frequent storage auction. The public is allowed to view the contents of an item up for sale. After everyone has had their turn, they can each write their bid on a piece containing their names and contact information. The highest bidder wins the unit and is required to pay within 48 hours.

It’s amazing to see how many people will go to extremes to sell their storage units. Don’t think you are the only one who keeps expensive jewelry in self-storage. You will find extremely expensive items at these types of auctions if you ask people who regularly visit them. People may store some of their valuables in these storage units for many reasons. Some people need extra space because they’re in a transition period and are moving homes. Many people have constructions going on in their homes. They would feel more secure if valuable items were kept in a safe location.