At 10:00 a.m. a list of any properties withdrawn from sale is read. Then the Deputy will read the specifics of the property for sale and open bidding at twothirds of the appraised value. If you wish to place a bid, simply verbally voice your bid out loud. The bid must be in whole dollar amounts. The Deputy will acknowledge the bid. If no further higher bids are received after acknowledging the bid three times, the property is declared sold to that highest bidder. The bank normally has a representative at the sale bidding to protect the bank’s interests.
The Sheriff’s office does not know how much this is or who is bidding for the bank, nor can the Sheriff’s Office help arrange a deal between the bank and another party.