Foreclosures demand more patience as far as looking and closing. If you don't want to put up with condition issues, you may find a more acceptable conventional sale.
The bigger issue may be the condo association and its health. A lot of foreclosures in a complex brings can bring on substantial financial questions that you also may not want to deal with.
Find a local agent to help, best of luck.
The style of the condo is different for each condo association - what one calls townhouse style may be slightly different from the next complex. Have your agent review resale/sales comps for each unit and then determine what style/location and financial situation best fits your need needs. Decisions can't be made simply on style.
In regards to a Foreclosure.....do your research, many require strict financial requirements that you may or may not meet. Speak to your realtor and lender and have them call on the application if it looks appealing. Generally, they are "as is" and the banks have a set dollar amount in mind. Depending if the condo is affiliated with a local or national financial institution, you may or may not move forward.
All in all, seek the assistance of a professional when in doubt - never hurts to ask questions.
Donna Birschbach - The Birschbach Team