However, be very cautious of buying a hud or a bank owned home. Many of them have hidden problems. These could include, frozen pipes, frozen boilers, non working electrical, missing appliances, bug infestation from sitting empty for years and etc.
Make sure you interview several real estate agents and choose one that matches your personality. DO NOT JUST GO WITH WHOEVER HAS THE HOUSE LISTED. They could have a large conflict of interest trying to represent both the seller and you.
If you have additional questions feel free to call. I will be happy to answer any that you have.