The answer is yes. As an REO agent, I recently sold a bank foreclosure in a luxury high rise condo building on Singer Island. Depending on what your looking for and you're price range, the best option may be to get set up on a search for specific properties in the area, or complex, you're looking at.
With our system, the minute a new foreclosure comes on the market, or is reduced in price to your price range, your automatically notified. This insures that you don't miss out on the best deals when they come on the market.
With my foreclosure listing, I had 10 calls in the first 2 days, and the property was under contract in a week. Most of the best deals go very fast.
Please let me know if you have any questions. Good luck to you.
Forbes Realty of South Florida