The debt on the property is at least 250k when you go to the registry of deeds, but I did not look for property tax liens or other... so if the auction is not for more then what is owed the bank will just take it back and list with a realtor. Too bad it was not 125k that would have been a fair price. The owner appears to be like 10% of the US population upside down in regards to their mortgage.
