I have an initial question for you, why the South side? And which areas in particular....
You say that you are out of Glenview, why not go further North or further Northwest?
Just a question.
When buying foreclosures, and currently there are a lot of them out there, you must be very
careful.... First question to ask yourself and to discuss with your Realtor is what do you intend
to do with it? Fix it up and sell it? Fix it up and rent it out? or live in it yourself?
Once you clarify those, then you have to understand the the cost for foreclosure is higher to
you than if you purchase directly from the seller and you may be competing with another
offer or two....
I understand your worry about the condition of the property, and only an experienced Inspector
can be of help, and yes you can have the inspection during the inspection period in the real estate contract offer ... but it will cost you everytime and you may after you hear the results not want to buy the property anymore!
And just one hint of advice.... If it sounds tooo good to be true, have a second and third look and discuss it in detail with your Realtor ....
Hope this helps!