What to Do With Important Documents Found in Storage Units

When a storage unit tenant goes delinquent on payments, the facility owner takes possession of the unit’s contents. Auctions free up rental space and allow the owner to generate funds to make up for lost revenue.

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What to Look for in Storage Units

When a storage unit goes unpaid for several months, the owner of the storage facility often puts units up for auction. The winner receives everything inside of it. However, it isn’t usually possible to spend a lot of time appraising the unit, and bidding high can be a gamble. If other bidders are driving the price up, here are some things to consider:

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Why Do Storage Facilities Host Auctions?

Storage facilities host auctions for a number of reasons. First, they need to recoup their losses. Second, they need to compensate the tenants for the possessions they sell. Finally, they need to clear out overdue units. It’s a lawful measure that appeals to facility owners and buyers alike. While you can benefit from receiving goods at a low price, everyone wins with auctions.

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5 Reasons To Switch To Online Storage Auctions

Online storage auctions have emerged as a useful technology in our increasingly connected world. Whereas auctions used to be cramped and time-consuming, now you can virtually attend from anywhere on a much more flexible schedule. Here are five reasons to make the switch to online storage options:

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Things To Know About Storage Auctions

Storage auctions are a great way to pick up unique goods at reasonable prices, and put some sweat equity into improving and expanding your inventory. Whether or not you intend to resell storage auction items, you can take advantage of online storage auctions to discover the best items up for grabs. Use these tips to score storage treasures in online auctions.

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