Anyone have consistent success with pre-forclosures?

[George H.]

I did read The Zillow article regarding them. Namely, the listings may not be current. But it seems there might be deals had in this current economy. And it seems safer than a courthouse step auction in the sense you could see the property and even pay for an inspection or appraisal. I would assume these are usually on the list of marketing and mail campaigns. 

I would be interested to hear what more experienced investors think, and any tips they might have.