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Sally; Select an experienced Real Estate Professional in or around the area where the home is located. That Real Estate Professional might know an experienced Mortgage Broker or Banker or you might know one you like and trust. As Lynn suggested, that Realtor could help you decide what kind of an offer you want to submit. That offer has to be submited with your Loan Approval letter. My suggestion; a good earnest money deposit, hopefully a good downpayment and nowadays, foreclosure properties could be subject to very competitive bidding, so evaluate very carefully what kind of an offer is fair and one that will get you the property. The agent you select will explain to you that you have to inspect the home with a professional "Home Inspector" that will tell you the condition of the house that you are buying. The Realtor you choose should go with you to the inspection of the house and also take care of the Purchase contract and all the many details involved in purchasing a home. Many Lenders will sell you the foreclosed property in "as is" condition, so be careful that you are not buying a problem. Also, the commission for the Real Estate Agent is usually paid by the Bank so you don't have to worry about that.

You need a lender approval letter show you are qualified to purchase a home, upon receipt work with buyers agent who will represent you in submitting a winning offer. KEEP in mind not all banks responsd to offers