July 12, 2013

The popularity of self-storage reality TV shows like Storage Wars has helped perpetuate the notion among inexperienced bidders that repeat buyers at lien auctions receive preferential treatment from auctioneers. In this video from Excel Self Storage Auctions, Jim Ross explains that those who are serious about buying defaulted property tend to win because it is their livelihood, they know how to value units, and theyre willing to spend the most money.

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