Buying at Auctions

[Jeanette Bartels]

I was wondering if anyone here in the Bay area has had the opportunity to go to a live auction to bid on foreclosures? I know that the one I want to attend in Pleasant Hill Community Center has a room with seats. The company Auction.com and it's affiliates rent a room out so it's not standing outside on the courthouse steps, which is better. To bid here, you have to come with all cash or cashiers checks for the full amount you're willing to spend.  My question is, does the cashiers checks have to come from one person, or can a group of friends pool in to pay for the cost of the one property?  Lets say they bring in their own cashiers checks, but is going in with you, but you only have so much for yourself, will the auctioneer clerks accept funding from your group of people to pay for the property? Does anyone know of this?