A few years ago, reality TV turned its attention on the self-storage business. Heavily scripted shows like Auction Hunters and Storage Wars depicted the auction process as a veritable treasure trove of antiques, lost artifacts, and other valuables. It is not. Read on to find out how the process really works, and what you need to know before you attend a U-STOR auction.
Our Legal Obligation
It’s important to note, we consider an auction to be the final inevitable step we have to take when someone defaults on payment. Before a tenant’s storage unit is released for auction, U-STOR managers take numerous …