When considering buying a property that has been foreclosed upon bear in mind that you don't always save money. You can get some good deals, but ALL OFFERS need to be subject free and be accompanied by a schedule that goes with it to the courts. The courts act as the vendor and can accept, reject or negotiate offers. All court ordered sales are "as is where is" meaning there is no recourse if you find a issue big or small after purchasing.
Given your care with a good realtor such as myself and sufficient "buyer beware" there is no reason not to check out some of these properties.
Give me a call for further discussion: 250-306-2384