ive been following a couple houses that are going to auction here in maine. i know that the auction process varies state to state. im curious how cheap homes can be gotten for. does the bidding start at what the bank is owed? also, there is always a cash down payment/deposit required. is this non-refundable for the winning bidder or will you get this back if your not the winning bidder? curious to hear experiences in any respect to home buying through auction.