anybody know how a land auction works?

Answer 1

Actually, a land auction works like any other auction.

Typically, interested people gather on a given day and time at the property. The potential buyers will have been given details on the property, deed description, terms of sale, etc.

And the auctioneer begins the sale. Typically, the buyer must have bank letter of credit, or a substantial deposit in hand, in order to assure that the bid will be honored.

Answer 2

depends on the state. If it is Texas I can help. info@roysecityhomesand land.com