Auction One family home for sale in Newport News. Eligible bidders: Owner Occupants, Nonprofits, and Government Agencies only, Bid submission deadline: 4/17/2016 11:59:59 PM CT, Total rooms: 5, Parking: Garage (2 spaces), Hoa charges: $0.00, Fha financing: IE (Insured Escrow), 203k eligible: Yes. Auctions take place at local government courthouses and other locations chosen by auction companies, such as hotel conference rooms. Homes are also auctioned on-line. Foreclosure auctions are held by bank-hired trustees. Tax lien auctions are conducted by local sheriffs.