They told me I do not need to bid and the highest bid will be offer to me first.
Now the investment company from TX where the Nationstar is located is buying this property in LA.
If you read the Real Estate book you will know that Real Estate broker / Agent  have moral and Ethical obligation to General Public and if you cheat them and do not treat them within your obligation you can be prosecuted and if find guilty be fine or go to jail.

Nationstar is a mortgage company and is license with NMLS
As well they are acting as Re\al Estate agent.
They are also working with Auction.com and pushing all shortsale to Auction.com