What is the Modern Method of Auction? - The Mortgage Broker

What is the Modern Method of Auction?

The Modern Method of Auction (MMoA) is a conditional online auction. Winning the bid requires paying a reservation fee for exclusivity, then typically you have 56 days to finalize the purchase, making it mortgage-friendly compared to traditional auctions.

Published on 17 September 2025

Author: Rob Smith

WordPress Developer

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