According to Noah George, the potential buyers of the property are then registered after it's ensured that they're financially qualified. It's to be ensured that a substantial sum is paid by the customer as a payment that is non-refundable and both parties are willing to shut the deal as soon as possible. It's necessary to create sure before the auction that the client is financially secure so that the vendor won't need to expect to receive the whole payment. Persistently it's been found that realty auctions remain incomplete because the customer or successful bidder is turned down for mortgages.