There should be terms printed on the sale bill and the auctioneer should have taken the deposit when they signed the papers for the sales agreement. If no money was received and a deposit was specified the is no sales agreement - basic part of contract law. The fact they have started work before closing puts the current owner in an extremely powerful negotiating position - the buyers have just lost everything they've done.
I went through something similar a few years ago, the realestate woman agreed to a sale on a house and didn't collect the $2000 earnest money I had made as part of signing any sales agreement. She went on and on about how they were good people and she knew them and it wasn't an issue, reluctantly I agreed and signed. The day before closing they called and said they had changed their mind. The saleswoman was pretty shocked and I was pretty &%^#ed off. Found out she was holding out on me, there was another buyer she hadn't told me about and he signed his sales agreement that day, for a higher price than the first couple - and he paid the earnest money. Apparently she was trying to help out the first couple and for screwing me in the process (holding back the competing offer) they screwed her over by backing out of the deal.
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Today's Featured Article - Product Review: Black Tire Paint - by Staff. I have been fortunate in that two of my tractors have had rear tires that were in great shape when I bought the tractor. My model "H" even had the old style fronts with plenty of tread. My "L" fronts were mismatched Sears Guardsman snow tires, which I promptly tossed. Well, although these tires were in good shape as far as tread was concerned, they looked real sad. All were flat, but new tubes fixed that. In addition to years and years of scuffing and fading, they had paint splattered on
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