Sellers must have the legal rights to liquidate abandoned property under their state lien laws.Ĭreating a free account takes just a few minutes. When storage owners or managers wish to sell the storage unit contents of abandoned renters, offers free storage auction listings. Read more about Tennessee lien laws here.īuying storage units online is as simple as registering an account as a bidder. This provides a win for both the seller and buyer. Whatever the reason for the defaults on payments, when a unit is abandoned the storage owner is left with the contents inside.Ībandoned storage units represent losses to the facility owner, but each state has lien laws for abandoned properties that allow owners to sell it and recoup their losses.
One reason auctions happen is because renters stop paying their fees. With this diversity, what you see today could be entirely different tomorrow. The number of items available is constantly changing. The most exciting part of bidding on storage unit auctions is the diversity of the content available.Įvery unit is different, and every new auction provides new surprises. Self-Storage Units for Sale Throughout TN. Online storage unit auctions provide buyers with an opportunity to participate in the auction without the commitment of a long drive.īy doing this process online, you're able to see several units in different areas at the same time before making the drive out to the location.Īuctions are available however far you're willing to drive to pick up the contents of units you bid on. Clear pictures and descriptions from provide buyers with the information they need to bid on valuable units. Storage auction finds range from knickknacks to antiques, from furniture to appliances. Most people buy abandoned property in hopes of discovering treasures or to try and profit off of resale. streamlines the process, making buying and selling more efficient and affordable. This is typically inconsistent, making it harder for buyers to bid on units. Traditionally, sellers have to wait for several units to be available before setting up an auction. Online storage auctions make purchasing abandoned property easier for buyers, and recouping losses more efficient for sellers.
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