Use your judgement to figure out what you get for $86K.Good Luck InvestingVivek

For example, if the documents online say "By virtue of a judgement of foreclosure made in the above entitled action on (XYZ date), in the amount of $xxx.xx, I will sell at public auction", etc.

The reality is you may not be able to collect on any judgement above and beyond that. 

I believe there is a way to go after them for the money, but most likely it would just sit an an unpaid judgement on their credit report considering they may not care so much about their credit.  

Yes, I can go through the courts, spend time and money, and get a judgement.  

Sure, and run up legal bills and court costs and then get a judgement that is nothing more than a worthless receipt that he will never collect.

If you could get recovery money back from pursuing a judgement, then go ahead.  

Have a tenant in NJ who is being evicted, he didnt show up in court so it was a default judgement and he is about to get served the notice prior to lockout...prob early this week with lockout 3+ days later.He tried to catch up a bit even while skipping eviction hearing but is still 3 months behind without even counting late fees and court fees, and september approaching fast.  

Getting a judgement in your favor for eviction based on the tenant's failure to pay rent is a slam dunk in most jurisdictions.

This is a terrible thing and we all hate that it happens but we shouldn't pass judgement on strangers seeking advice on the best way to deal with it.