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\u00a9 2023 wikiHow, Inc. All rights reserved. And bid smarter, every time. To discard them is heartless. If you have some items that you no longer need, consider donating them to people who may want them instead of leaving them in the storage unit. Storage facilities that sell your stuff can only use the proceeds of any sale to pay what you owe them. All content 2022 Move.org. Answered on May 23rd, 2013 at 2:01 PM. Thats interesting to know that if you do buy a storage unit from an auction that its your responsibility to have it cleared out within the next 24 to 48 hours. Storage units are auctioned as a last resort because tenants stop paying rent. As for leaving the items in the unitthe reason it is auctioned off in the first place is to try and recover the monies owed and make the unit available for future rental. Storage locker auctions are typically conducted in one of two ways: live auctions or online. Please leave your insightful opinions in the comment box below. Laws vary from state to state, but most storage unit companies can put a unit up for auction somewhere between 3090 days after the renter fails to pay. Good on you! This step applies whether you inherited a storage space, got it at auction, or had it sitting for months. Private Sellers. How to Find Out Who Bought My Storage Unit, How to Get Your Stuff Back from Storage Auction, When Does Public Storage Auction Your Stuff, How to Find Out If Someone Has a Storage Unit, Can Police Find Out If You Have a Storage Unit. Offer to pay any friends who help you out, or at least cover a few pizzas and a case of beer. America's #1 self storage auction directory. . Many self-storage companies require that the successful auction bidder return personal items such as photographs, tax records, and bills or passports that are found in the storage space back to the storage company's office. Please contact me at 971 707-6387 or [emailprotected] or my adress at 17010 s.e Stark st.. The presale estimated value: $30,000 to $50,000. Auction house proprietor and game store owner Mark Balelo (a.k.a. This image is not<\/b> licensed under the Creative Commons license applied to text content and some other images posted to the wikiHow website. Good luck! Its not like the television show and heres a little known fact, if the unit does happen to sell for more than is owed, by law the facility can only keep what customer owed them and must give back the balance to the client, so they never make a profit. Kurt Manwaring brings nearly a decades worth of research experience as a business consultant to the Move.org team. A former real estate appraiser & investor, turned professional storage unit buyer, turned webmaster & author. storage room image by Vonora from , Tenant Abandonment in California: What Landlords Should Know, How to Handle a Tenant's Abandoned Property in California. And who knows? For side hustlers, that means an opportunity to score inventory to re-sell on the cheap. This lien is transferred to the company's heirs should the company go out of business. You can find storage unit auctions online through popular websites like StorageAuctions.com or Storage Treasures. 2. Call today at 800-688-8057 for a free To start the auction, the storage company will cut the lock on a unit and allow potential bidders to get a look inside. Read on to learn everything you need to know about storage unit cleanouts. The requirements are pretty simple. This information is typically entered into a database that is accessible to law enforcement officials. With over 15 years of experience in storage facility ownership and auctioneering, we know what our customers want and expect. We'll assume you're ok with this, but you can opt-out if you wish. How Many Boneless Chicken Thighs in a Pound, PORK CHOPS AND APPLESAUCE: How to nutritiously enjoy, The 4-Hour Home Chefs Hoisin Sauce Cookbook: Every Recipe. The videos explained how to bid online for the contents, sight unseen. Do you have someone that is willing to lend a hand? Include your email address to get a message when this question is answered. Luckily, youve already completed the most difficult step, which is realizing its time to declutter. Beyond the prospect of being auctioned, getting behind on rent payments is problematic for the customer in other ways as well. Youre not allowed to touch anything at this point of the auction, and the storage company often closes the doors when the bidding starts (it pays to show up on time). Most likely, the agreement specifies exactly what the storage facility can do and when. Lastly, if all else fails and you really cant get your belongings back, take solace in knowing that at least someone out there is enjoying them as much as you did. This is typically done after several attempts to contact the renter and collect payment. If you win the auction, be prepared to unload the units contents (maybe bring some gloves) and pay on the spot. For example, you could use a fake name or address when renting the unit. Theres a long, legal process which gives customers a fair opportunity to pay what they owe or at least ample time to contact the facility to discuss before public sale. Shane thought it would . 2. Storage companies cant rent the units to someone else until the contents are gone, and they try to recoup some of their money through public auctions. This means that there is a grace period where you can repay all outstanding debts before your storage unit contents are sold. He brings a BS in sociology and an MPA (masters of public administration) to the Move team. 30 days) to pick them up at the office, frequently at no charge. Sell old (but still useable) items through Craigslist, a classified ad, or a yard sale. If you fail to make your storage unit rental payments, your belongings will eventually be auctioned off to the highest bidder. These A holes dont give A FLYING F..K. THE PROPERTY MANAGERS THAT WORK FOR THESE INVESTMENT GROUP, llcs are Liars and Thieves. Its worth a shot. The next step after winning a storage auction is transporting those items out of the unit, and if it's a big haul, you may find yourself needing professional help. If you had paid your storage on time and it didnt get auctioned. locations nationwide. Got questions? He would love to hear about your moving experiences and questions at kurt@move.org. variety of units and sizes available with no To save money, we were determined to empty it earlier this year and gave ourselves a two month deadline. Lifestyle. Then, if there's any money left over, the facility must make efforts to return it to you . Old Stuff. Dag S. By using 6Storage I now have a up to date view of everything going on in the facility and where all my tenants are at. Once a customer falls behind on rent, it can be difficult to catch up as late and then lien fees are also charged to cover the costs of collection. Level up your tech skills and stay ahead of the curve. Storage unit auctions are open to the public and anyone can participate. I have so much in there. The period after which you can auction off a storage unit varies from one state to another. was auctioned in 2016 in lakewood California or considered long beach California at Storage for less on paramount and candlewood. A lien is a right to hold property belonging to another person until the debt owed by that person is paid. 1) Sale at public auction 2) Thrown away. Answer (1 of 4): Most self storage facilities within the United States hold storage auctions. Self-storage companies sell the contents of customers spaces to recoup losses only after the customer has failed to pay rent for a period of time set by law, and has not responded to several formal requests for payment in writing and by phone.