Buying foreclosures in Tampa

[Chet Jennings]

Hello BP, newbie looking to buy my first property.  I live and work in the Tampa Bay area.  Been looking at the Hillsborough county foreclosure auctions and was wondering if anyone has any advice, insight, experience into this arena? Seems to me that the banks are primarily buying back these properties. Does this create an opportunity to then purchase these as REOs? If so, what's the best approach.

Thanks in advance for any responses.