I can not believe that such practice even survived so long in the United States. I want to warn anybody who are thinking to buy from auction.com. There are several things you need to pay attention to. First, when you bid online, the auction.com will bid against to raise the price. If your bid does not meet the reserve, they will keep up bidding against you. If nobody win the bid, they will post the property one day later. Second, the auction.com has terrible closing services. You need to be careful what you signed for. Usually, you will have to pay the closing cost for the seller. The closing agency they are using is called service link. Both auction.com and service link has terrible services. They only want money. They do not want to do the work. Most important, you need to ask them whether they have the key to the property. Our experience is that we paid everything for the closing and waiting for the key. Auction.com told us that they do not have key to the property. You have to break the door to gain access.
I posted my experience here to let other people know so that you won't get hurt by auction.com.