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The Thai Government Housing Bank and the other main bank mortgage lenders do hold auctions for houses/land periodically.
Been to 2 auctions with K1 but didnt buy anything - seemed the good stuff was all rigged pre-auction. There are no websites I can tell you about, but the local paper does advertise them. In Phuket the auctions are held every 4 months or so in Phuket City Merlin Hotel.
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