Foreclosure Buying Tips

The article below has 5 foreclosure buying tips.  The only one I don’t agree with 100% is to bid low.  If you like the property the chances are so does someone else and you might get into a bidding war.  Many of them are priced below market value.

http://money.cnn.com/2009/04/30/real_estate/buying_foreclosures.moneymag/index.htm?section=money_realestate