That is great! Condos can be great places to live.
Your statement is rather open ended and because there are so many options available in condos we would need more information so I would suggest that you work with an experienced agent in your are to help guide you achieve your goals.
(I disagree with Kathy's answer in that there are many agents that are willing to take the time to help you with foreclosed AND condos in pre-foreclosure- i.e. short sales, but I do agree that you want a home inspection no matter what kind of property that you purchase and that if the property is in an association you want to make sure that the HOA is managing the community acceptably).
Best of luck in your search