Auctions are a great way to buy property! You can get great value for a house that would otherwise seem unattainable. However, one must be warned that there is much more to buying that simply turning up and getting that bargain. Often, just being in the auction house when houses are going under the hammer can itself be intimidating as one does not know the ropes of the business in entirety hence it is essential that one gets an overall perspective on how auctions work and how you can get the best deal for your dream house!