This auction site is complete scam. This is not an absolute auction and the seller has the right to refuse the high bid.
If you bid online, expect your bid to go right to the highest amount. My high bid was $52k and surprise surprise, I won the high bid at exactly $52k... Isn't it odd that it ended at my high bid? I was okay with that because that was what I was willing to pay, but I find it hard to believe that all bidding stopped at exactly my high bid.
The next problem was the fact that the title was not clear prior to the sale. I was told to look at the contract...The seller had up to 90 days to clear the title with no penalties. If I wasn't ready to close in 30, I was to have stiff penalties. After waiting several weeks, the title was cleared, and a week later they are threatening me that I will be charged fees if I'm not ready to close...
What a joke. Their contract is ridiculously weighted in their favor. I should have asked a lot more questions before making the bid.
Stay away from this company... Again..It's not an absolute auction, so it's really not an auction at all..It's a marketing ploy.