You need to read the specifics of the auction - they will be pulished since it is a Sheriff's auction. If there is a minimum bid amount it will say so, if there is a reserve it will say that also (though it may not state what the reserve is).
The auction terms will be an extremely long legal document written by lawyers for lawyers. But if you are looking at spending $200k+ it might be worth your while to read it or have your lawyer read it and cover the highlights with you.
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Today's Featured Article - Horsepower Defined - by Staff. Indicated Horsepower This represents the power developed in the enine cylinder as obtained from the pressure in the cylinders. This is pressure obtained from an indicator which shows cylinder pressures. Indicated horsepower does not represent the actual useful power delivered by the engine. Brake Horsepower This is the actual horse power delivered by the engine to the shaft. It is equal to the "indicated horsepower" less the friction of the engine. It is useful hor
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