How To Prepare For The Auctioning Of A Mission Storage Unit
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Posted On :
Feb-06-2010
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Article Word Count :
516
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Not many people are aware of what happens when a self storage unit renter defaults on his payments consistently. In such situations, self storage facility owners make up their money by confiscating the contents of the self storage unit and auctioning them off. These are public auctions where any person can go and bid.
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Not many people are aware of what happens when a self storage unit renter defaults on his payments consistently. In such situations, self storage facility owners make up their money by confiscating the contents of the self storage unit and auctioning them off. These are public auctions where any person can go and bid. It is not unlikely for a bidder to come across valuable items in a self storage unit after winning bids. In fact, many past bid winners have reportedly found many valuable items in the self storage unit auctions. However, even though the auction is open to a lot of people and can be lucrative, there are still certain basics that a prospective bidder should be aware of before going for an auction. The following are some tips for prospective bidders at a Mission storage unit auction.
1. Finding these auctions requires diligence in scouting newspaper ads on a constant basis. The self storage facility owners release advertisements of upcoming self storage unit auctions in the local newspapers. After finding an auction such as this in the newspapers, the prospective bidder should look to find out the exact time, date, and location of the auction. Furthermore, any special circumstances should also be enquired about, such as number of units on auction, cleaning deposits, entry fees, etc.
2. Next step for the prospective bidder is to acquire a good-sized vehicle, preferably a truck, for the auction. The truck will be needed to transfer the contents of any Mission storage unit. It is not uncommon for a self storage facility to ask the winning bidder to clear the self storage unit by the end of the day.
3. Another thing that the prospective bidder should have ready is enough cash. This would be required to come through on bids.
4. Sometimes Mission storage facilities allow prospective bidders to get a glance of the self storage unit to have some vague idea of what is on offer. In such situations, the prospective bidder should look for sturdy and stable boxes as these are the ones that are likely to contain objects that can be relatively more valuable. Furthermore, making a priority list is also advisable if more than one self storage unit's items are on sale. This priority list should, of course, be made on the basis of valuable items in the self storage unit.
5. The prospective bidder should also be prepared for a self storage unit that is in a very bad condition, like coated with dust, rotting materials, not proper upkeep, etc. The prospective bidder should also prepare with repellants and antibug equipment as it is possible that these self storage units are infested.
6. Also, another point to note is that, in the majority of cases, Mission storage facilities do not allow winning bidders to use the facility's on grounds garbage disposal areas. Therefore, the prospective bidder should have some idea of how to dispose of any unneeded garbage nearby.
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Article Source :
http://www.articleseen.com/Article_How To Prepare For The Auctioning Of A Mission Storage Unit_10393.aspx
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Author Resource :
While looking to bid at a Mission Storage unit auction, there are certain basics that a prospective bidder should be aware of before going for it.
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Keywords :
Mission Storage,
Category :
Business
:
Business
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