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Buying a house on auction on contingency of selling current home?

I have owned my home for 6 years. The real estate agent who sold me this home lied about a lot because she was selling for her friend. Long story short, the house next door has a sign for sale on auction. This house is much larger, more fit for a family for various reasons. The opening bid suggestion is $100k. I still owe 60k on my current home. My boss said I can get a loan from the bank or my mortgage company to buy the next door home on contingency to selling my home. However I don't know if I can sell my home. I really need to make this move for my family but I'm also afraid I'll end up with a loan and a mortgage.

submitted by /u/Momcantsleepthesaga
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source https://www.reddit.com/r/RealEstate/comments/13ntxig/buying_a_house_on_auction_on_contingency_of/
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