House for sale by Auction

[Ric.ror]

I have seen a house for sale by auction. Do I need to attend the auction or will I be able to send a bid in

[bednobs]

i think you have to pay on the day, so i would have thought you have to attend

[Squitty]

I thought you had to attend to sign contracts & pay deposit should you win - this has to be done on the day of the auction

[deedee24]

when we looked at a house on auction we put a sealed bid in and sent it in. we also had to send in a deposit for 10% of the value of the house, in our case the house was at a asking price of 65,000 so we had to send 6,500 in, on the day of the auction we had a phone call and someone bid on our behalf in the saleroom, they were in london we were in newcastle, we had a cut off price of 80k and were not allowed to go over this without prior written agreement, so when we got outbid we lost the house and couldn't do anything to stop it as we reached our limit, sadly we lost by 3k. Hope this helps.x

[CharlesStratton]

I think you can have someone to bid in your place but it'll be more appropriate if you are the one bidding so you know what you'll do just in case you're just a few dollars away from winning the bid.
http://www.nytimes.com/2006/04/09/realestate/09auct.html?adxnnl=1&pagewanted=all&adxnnlx=1363770892-xMVg5ZAVbBNdRaN+g426EQ
http://www.primehomesny.com/