Big Tex - Storage Auctions Houston - Storage Unit Auction Schedule Houston, TX

Storage Auctions

In the United States, most self storage facilities hold storage auctions or lien sales to vacate non-paying tenants according to their enforcement rights that are outlined within the laws of each state. hese auctions are opened to the general public with most bidders' buying for the purpose of reselling for profit. Storage auctions are a great way to buy secondhand merchandise for pennies on the wholesale dollar. If you are someone who sells at flea markets, garage sales or on e-Bay, you will probably find Big Tex Self Storage auctions to be one of your best sources for merchandise.

OUR NEXT AUCTION IS SCHEDULED FOR:

DATE: February 28, 2012

TIME: Noon
East Houston / Channelview location
5500 E. Sam Houston Pkwy N., Houston TX 77015

TIME: 1PM
Humble / Fall Creek location
9722 N. Sam Houston Pkwy E., Humble TX 77396

How Does the Auction Work?

Be sure to arrive 10-15 minutes prior to a scheduled auction. Before the auction starts, the Big Tex Self Storage will have a sign in sheet and a set of our rules going over the terms and conditions of th6 auction. Terms and conditions will vary. Most auctions are "live" or "verbal", very few are silent (sealed bids). Cash is the acceptable form of payment and sales tax will be charged if the buyer cannot show a valid resale license and proper identification. Storage auctions are very different then most types of auctions. You are bidding on the entire contents of a unit or lot. Units or lots are usually viewed 1 by 1 with the viewing limited to the doorway entrance of the storage unit or container. The bidding starts after all bidders have had a viewing of the property. Bids sometimes start out as low as $1.00 and can proceed upwards with the property being sold to the highest bidder. Don't forget, the high bidder must remove all contents of the unit purchased within the time specified by Big Tex Self Storage. We do not allow the use of our garbage cans or dumpsters and units are expected to be broom swept clean.

Become Successful at the Auction

1. Plan one day ahead. All auctions are subject to cancellation in the event of settlement between the landlord and obligated parties! Many delinquent tenants will wait to the very last moment to satisfy their obligation. When you phone the site to confirm that the auction is still going as scheduled, inquire about how many potential lots or units might be going up for auction, don't forget that it is still subject to change! 2. Consistency - If you are planning to earn good money with the storage auction game, you need to be consistent! The more storage auctions you attend, the better your percentages get with purchasing units. 3. Tools - There are no other required tools except if you purchase a unit, Big Tex Self Storage requires the high bidder to use their own padlock to secure the unit they purchased. Your second best investment would be a strong flashlight. Viewing the units or lots from the entrance area is almost impossible to do without good strong flashlight. 4. Solve the Puzzles - The way a lot or a unit looks can clue you into potential value. Add up the total scenario; Is there name brand merchandise? Are the boxes sealed and taped? Are the boxes sealed and re-taped? Do the boxes appear to be purchased for storage or does it look like they came from the back of your local grocery store? Are the boxes carefully marked with content information? Do the boxes have a moving company's name on them (professional movers can be expensive)? Are there any addresses visible on any of the boxes or suitcases that appear through out the unit? How is the condition and quality of the furnishings? Does the furniture appear to be a complete household? Can you see any ornate or antique looking furniture table legs? Is there a lot of dust settled high on the contents of the unit, this could mean someone has paid rent on the storage space for a several years.