<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:</font><HR>Originally posted by pominax:
my fiance had a divorce in ARKANSAS and if the house does not sell on the market within 9 months it will be sold at auction. she has equity in the house. is her ex-husbaand eligible to buy the house at auction, and if so, how will her equity be affected? also, can HIS fiance buy it for him at auction?
thanks for the help! 
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Anyone that is qualified by law to bid at the auction is entitled to bid. Some qualifications include having cash or cashier's check for the deposit (which must usually be 10% of the accepted bid price) and being of legal age. Anyone can bid on the property at the auction including her ex, his fiance, her and you. I could even bid on it.
Equity will be affected depending on the final sales price of the property at auction and the percentage of ownership each spouse has in the property.
