Notice to Bidders
The State's Lien law process must be followed at all times and will govern how processes will function. The Storage Facility (Red Dot Storage 5) at its own discretion, reserves all rights to cancel or postpone auctions during any point of the auction event up to the last minute.
All bids on the site are in $10 increments.
At the time of an auction closing and assigning the winning buyer, a 10% initial payment is charged for the unit (the first 10% of the unit sale price) and a 15% buyers premium (dependent on buyers membership) will be charged to the active card on file. Once these charges are collected an invoice will be generated for the winning buyer and selling facility for items to be picked up. No winning unit will be able to be cleaned out until all initial fees are collected.
Until the winning bidder pays for the unit in full, the auction may be canceled. Bidders must follow the auction terms listed for each individual facility. These decisions will be made final by the management of the storage facility hosting the Auction and are not made by StorageAuctions.com.
The number of days bidding is allowed is determined by the hosting facility’s rules.
The closing time for unit sale is set by the facility management but the time may be extended by last minute bidding. We, at StorageAuctions.com do not allow sniping or last second bids to win. Bids received in the last three minutes will reset the time clock to 3 minutes until the person willing to bid the highest amount wins the unit. This is termed a "soft close".
As with all storage unit auctions, all sales are “As is Where is”. As with all auctions, bids entered are a contractual agreement between buyer and seller and are considered a contractual agreement that must be fulfilled.
Units must be completely cleaned out, broom swept, and all trash must be removed from premises (no dumpsters privileges unless specifically stated).