Not in the auctions on the courthouse steps I've been to. When I went, the process is this : the auctioneer arrives and announces bidders step forward to qua

Not in the auctions on the courthouse steps I've been to. When I went, the process is this : the auctioneer arrives and announces bidders step forward to qualify, wherein they (privately) show their ID and cashier's checks made out to themselves auction occurs, as others have said credit bids typically dominate (by the lender, who may bid multiple times) winner signs over cashier's checks to auctioneer, overage being refunded later at COE For this reason the pros carry many denominations of cashier's checks, so they don't have to leave much overage with the settlement