Now for some reality: There are almost no deals to be had buying a foreclosure. Buyers mistakenly believe there are , when I as a 35 year veteran of flipping house, who works full time as a licensed Broker and who has extensive experience in renovation and building have never bought myself a foreclosure and the reason is simple unlike the general public I know for a fact that the risks inherent in buying a foreclosure are not amply offset by potential upside rewards. Most foreclosures are at best a fair deal, and possibly 1 out of 200 is in fact a real deal. The rest are money pits.
I've attached a link below that goes into more detail on the subject, but the average home buyer should be well advised not to pursue foreclosures and instead allow the banks to choke on them if they ever want the prices to drop to the point where these once again become a viable option