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Webb8 feb. 2024 · When the bank comes to collect a car, truck, boat, etc. that is behind on payments, they often bring them to third-party storage facilities. These facilities specialize in managing the repossession and storage of repos. In some cases, however, the banks provide their own storage. Regardless of where the repo is being stored, the banks will … Webb18 aug. 2024 · To help you know if a property at your local auction house or on an auction website is a repossessed property, there may be a comment or statement stating “mortgagees are in possession”, “on sale by receivers” or similar wording. You can find repossessed houses going to auction on websites like Allsop and Barnard Marcus. shelly devlin
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