When Are Storage Unit Auctions?

Self-storage unit auctions happen when storage tenants fail to pay their rent on time. After 30 days overdue, storage facilities can typically put a lien on the contents of the renter's unpaid unit.

How do I find storage auctions?

You can find storage unit auctions by contacting nearby self-storage facilities or doing a Google search for “storage auctions near me” (many auctions take place online).

How do storage auctions really work?

During a storage unit auction, the belongings of a storage unit are auctioned off to the highest bidder to recoup the loss of rental fees. ... However, occasionally a storage company will accept sealed bids, whereas bids are placed through a sealed envelope and the highest bidder wins the items.