I was looking at the foreclosures heading to auction in a couple weeks. There is one that’s currently listed for $550k as a short sale on numerous sites. The foreclosure auction site has a title disclosure that says the house has one mortgage with $59k left on it. The house last sold for $520k.Assuming there are no other liens on the property- would the bank theoretically only be looking for the mortgage amount plus a little extra for foreclosure expenses (maybe $75k?) I’m just trying to figure out how all this works.