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Old 01-28-2018, 09:00 AM
 
Location: Floribama
18,949 posts, read 43,621,102 times
Reputation: 18760

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Starting bid on property is $30k, and I put in my proxy bid at $60k. Auction ends and I’m the only bidder, but reserve is set at $40k. I’m assuming it automatically takes my bid up to the reserve?

The auction site isn’t clear about this, and doesn’t say if there’s even a reserve at all. It’s Hudson & Marshall FWIW.
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