Probably. At many of these foreclosure court house auctions, the bank sets a minimum bid that often is unrealistic for the property in question. But, at this stage of the proceedings, the bank is trying to recoup its losses and may not have any real knowledge about the property's condition. So, they figure out how much they lent, add in court costs, etc., and then say that unless the offer is at least XXX,XXX amount of dollars, we will not accept it. The fact that most bidders at these auctions must come up with the full amount wanted then and there can also be an issue, unless the bidder has the financing in place.
Because of the minimum bid requirements, most of these properties revert to the bank after the auction. The bank then evicts the borrowers or induces them to leave with a cash for keys offer, and formally takes over the property.