Auction One family home for sale in Emporia. Eligible bidders: Owner Occupants, Nonprofits, and Government Agencies only, Bid submission deadline: 5/30/2016 11:59:59 PM CT, Total rooms: 6, Parking: Garage (2 spaces), Hoa charges: $0.00, Fha financing: IE (Insured Escrow), 203k eligible: Yes. Auctions offer a 1st chance to snap up certain properties, some of the best properties get purchased at auctions. Also, because of the extra risk involved and because fewer people may be interested in the property than if it were available through traditional channels, prices can be lower.