You can find out about auction in your local newspaper or on the net.

Be very careful and get familiar with the auctions process before buying anything. Visit an auction house and just sit. Start by buying low value stuff such as furnitures or antiques to understand how excitment can carry you away easily from your target price.

Act in a professional way: do research well in advance on the properties you're interested in, stick firmly to an upper limit and stick to it.

Auctions are usually attended by investors and professionals only and you may get carried away by the excitement and paying a lot more than the property value.

Once the hammer is down, you have to pay for the property within 4 weeks. So be sure that you planned the corresponding mortgage.

Bear in mind that your maximum price is more important than the property. Also, the auction house will add their fees to the property final price.

Be aware that many properties put on auctions need major structural work: do some reasearch.