HOUSTON—Looking for a deal on a FEMA trailer? More than 500 will be auctioned off in the Houston area on Wednesday.
The trailers will be sold at Richey Brothers on the Eastex Freeway, beginning at 8 a.m.
"Of the 550 that we have they range anywhere from fair to very good," said Alan McVicker, who is running the auction.
Some of the trailers contain formaldehyde and will have a disclaimer posted on them saying they’re not meant to be used as housing.
The trailers were stationed all over the Gulf Coast after Hurricanes Katrina and Rita.
Susan Jones said she has spent plenty of time getting ready to get a deal at the auction.
“I have been here seven different times looking at different ones," she said.
Jones is only sharing the short list with her buying partner Oscar Martinez. He sees it as a once-in-a-lifetime opportunity to get two for the price of one.
“I’d like one to keep and one to sell later when the economy recovers,” Martinez said.
Auction organizers say they expect thousands of bidders.
There are no minimum bids. McVicker said it is hard to say what the trailers might go for on the auction block.
“We haven't sold any in the past so we have no history to say what range they are in," McVicker said.
This is not a government auction.
That auction happened quite some time ago, and the trailers were sold in one big lot 10,000 at a time.
Now they are being resold in more bite-sized pieces.
Prospective bidders have come literally from all over. Linda Hagood and her husband, who are from Anchorage, Alaska, said they are looking to buy at least a dozen. They'll be figuring travel cost into their bids.
"It is a good market for them up there right now,” Hagood said.
What began as refuge is simply now just a steal.
You can bid online at www.rbauctions.com.