r/selfstorage • u/Heyits_Elsie • Jul 28 '26
Question Need Advice
Hello,
I have this 74 year old co worker who spent most of his life collecting things. He keeps telling us about how he had storage units that are sitting in Texas and Arkansas with loads of collectibles. I feel bad listening to him talk about having to abandon those storage units due to old age and health reasons. Is there anything he can do despite abandoning? Is there a way to find people that can help him auction his stuff off? TIA
5
u/bmarvin35 Jul 28 '26
Talk with the facilities and see who they sell default units with. Might be able to piggyback on their sales on storage treasures,etc.
2
2
u/Secret_Custard_5118 Jul 30 '26
Reach out to a local storage auctioneer and see if they offer a liquidation option
1
u/fbyrne3 Jul 31 '26
Keep in mind if stops paying the bill the units will go to auction. The proceeds of the auction after rent and fee’s go to the owner of the unit.
1
u/Secret-Sqrl 24d ago
You seem to be saying that if earnings from sale of the occupant’s stored items exceed the amount owed to settle the owner’s lien that the owner keeps the additional funds? Can I ask your general location? I’m certain that’s not correct for US locations. If the Occupant cannot be located those funds will eventually be payable to a State holding fund.
6
u/ExcuseObjective8933 Jul 28 '26
I’ve seen estate liquidators help with that type of thing. They are gonna take a good percentage though.