Is buying a foreclosed home a good idea?

Related questions

1. How long does it take the bank to accept an offer on a foreclosure?
2. Is it smart to buy foreclosed homes?
3. Do you have to have cash to buy a foreclosed home?
4. Is it smart to buy a foreclosed home?
5. Do banks prefer foreclosures short sales?
6. Is it OK to buy a foreclosed house?
7. Should I buy a foreclosed house?
8. Are foreclosed properties cheaper?
9. Is it smart to buy a foreclosure?
10. Why are foreclosed homes so cheap?

Tags

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2. #often
3. #lowest
4. #these
5. #properties
6. #homes
7. #auction
8. #estate
9. #foreclosed
10. #prices
11. #having
12. #safer
13. #referred
14. #process
15. #foreclosure
16. #avoid
17. #owned
18. #already
19. #taken
20. #through
21. #banks
22. #choice
23. #traps