I have purchased 5 houses in the past but never at auction. I have pre approval for 585,000 from CBA and I have over 300,000 of my own. I want to purchase a property that I expect to go in the high 700's. I would borrow the full 585,000 and use my own money for the rest. My conversations with the bank have been challenging because they are saying that i shouldn't buy without a subject to finance in the contract. That obviously does not happen at auction. They are almost making out that I can't do it. When I insist that I am adamant to be a part of the auction they say it is at my own risk and try and warn me off it. Also, I am keen to put in an offer before auction but the agent insists they won't look at it unless I am able to not have the subject to finance as a part of the offer. This seems like an option for me because I have the 300,000 as a back up in case the valuation is an issue. Does anyone have some helpful advice in this matter? The property is in Qld.