What happens when the final bid is less than the final judgment ?

[Lucky B.]

Does anyone have experience with the courthouse foreclosure process. I am bidding on a property that is being foreclosed upon by the first lien holder, however the final judgement amount is 120k more than the assessed value ,and i like the property . i have a certain number in mind that i want to pay and it is obviously way lower, because i need to make a profit. 

My concern is,  if i win the bid, and it is lower than the final judgement amount, is there going to be any repercussion or risks ? no other lienholders or hoa problem.