I know they will take $2500. off my credit card if I due happen to win the bid. 

Im a licensed RE agent in Fresno CA, considering to bid for a property on public auction in auction.com, hubzu.com, homesearch.com. my question is.. for example, when I place a winning bid of 100K, and the property has a total estimated debt of 300K, does that mean I have to pay 400K for the property in order to get the title? 

From the sounds of it I bet there are other things wrong too.

I'd bet that a google search would find out if the same were true in CA.

Your best bet is o sell your house, with hopefully an extended sale date, and a rock solid buyer.  

Prices in GP and Alberta still have room to drop, and you definitely should include expenses for CAPEX and Property Management just in case, which means your cash flow will be near 0.Basically if you are CF zero, you are betting on the market to go up for your increase, and it is not likely the market will do so for another year or more.I would say wait for the market to drop a little more or find a different market with lower prices and potential for better cash flow.

I've turned to using Adobe Pro to OCR, so now it's a win.

Then look to how to structure the loan that meets the seller's needs, then if that fits your needs, if you take that approach you can have a win-win. 

You couldn't kick out the widow just because he died unless she failed to pay the rent.If you try and void the lease, Im pretty sure you would be liable to a lawsuit, which I doubt you would win.

In the end it is a win-win situation.