Courthouse Auction "Amount to be raised"

[Michael Seeker]

I started looking at the upcoming courthouse auctions in my area. I've never been to or looked at these before, but I'm intrigued by the possibilities.

All of these listings have an "Amount to be raised" listed. I am wondering if anybody knows if this is usually the starting bid amount or what they're hoping to get for the place? Pretty much all of the amounts are at or above market value assuming the property is in good condition (which isn't usually the case). In one case, the appraisal attached to the listing is about 10% lower than the "amount to be raised"

Thoughts?

Here's a link: http://www.jcomm.org/content.asp?page_id=9