Auction One family home for sale in Montrose. Eligible bidders: Owner Occupants, Nonprofits, and Government Agencies only, Bid submission deadline: 7/26/2016 11:59:59 PM CT, Total rooms: 6, Parking: Garage (2 spaces), Hoa charges: $0.00, Fha financing: UI (Uninsured), 203k eligible: Yes. When property is on Auction, means that the owners can't make the mortgage payments and the bank schedules an auction to sell the home as-is to the highest bidder.