Red Flag Warnings For Mini Storage Auction Buyers

Storage unit bidders should be cognizant of the context of the auction. On occasion, you may be bidding on someone else's storage-that they didn't want to relinquish.

Although not always the case, there may be times when purchasing a unit at auction may lead to potentially heart wrenching conflict with the former owner. What if you attend an auction and buy a unit and the individual who has just lost their possessions is present and approaches you and asks you if you would give them back personal items such as photographs and personal papers that may have been left in the unit? A caring individual will tend to say yes and cooperate with the former owner. Such action may lead to confrontation over what is considered personal property. Consider the example of a storage buyer who has just won the bid on a particular unit and the former owner is present and offers the buyer help in moving the storage items from the unit to the buyer's vehicle. Sound like trouble in the making? And what about feelings of guilt on the part of the new buyer as the former owner carries his storage items that he has just lost into another person's vehicle?

It is best for the new buyer not to have contact with the former owner if possible. You can always leave personal items such as photos with the facility manager without entangling yourself in an uncomfortable situation.

Another warning flag for the potential storage auction buyer is to make sure that the storage facility and the auctioneer on site have double and triple checked that they are auctioning the proper unit. Storage facilities may make mistakes, and there are cases where the wrong unit has been auctioned and sold to a high bidder. Legally, in most states, if you are an individual that purchases and pays for a unit and you have a receipt of sale, the contents belong to you regardless of whether the facility has made an error or not. If an error has been made the facility will most likely offer you money to return the merchandise, avoiding a potential lawsuit from the former owner of the wrongly disposed of unit.

One further note on the prospect of buying a mistaken unit. If you do not move the contents immediately after sale, the likelihood of the situation becoming complicated escalates since the property is still on the premises of the storage facility.