Is it a good idea to buy a house in foreclosure?

Related questions

1. Why are foreclosed homes cheaper?
2. Is it a bad idea to buy a foreclosed home?
3. How long does it take to buy a foreclosed home?
4. Why are foreclosures cheaper?
5. Do banks prefer foreclosures short sales?
6. Why are foreclosed homes so cheap?
7. Which is better a short sale or foreclosure?
8. Is it smart to buy a foreclosure?
9. Are foreclosed properties cheaper?
10. Should I buy a foreclosed house?

Tags

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6. #properties
7. #process
8. #safer
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12. #owned
13. #choice
14. #often
15. #lowest
16. #traps
17. #having
18. #foreclosure
19. #buying
20. #homes
21. #prices
22. #already
23. #referred