Hello again Robert,
As myself and others have said.... make an offer and see. same with a foreclosure or ANY property.
You should tread very carefully on these kinds of situations becuase they will be sold as is. The bank will not do ANY repairs whatsoever. So if you cannot afford a big unexpected repair bill after.... buy something else.
You would be very wise to pick an agent and work with them exclusively. I and every agent who has posted a reply before me are skilled and successful agents working in this area. Working with an agent does not cost YOU anything, but may prevent you from making a real mistake.
Long & foster