Credit Repair Specialists are a great resource I use Dawn Brady at 770-942-5474. She can take a look at your credit and history and bascically clean it up and advise you on what lenders will be available to you and at what rates. I am convinced that most peoples credit is like their fitness with a little spring cleaning they will be surprised what they can do but they do not ask. Buyers agency is FREE in GA, we would love to work with you to save time and Money. You can call us at 678-564-3700 or visit us online.
Keep in mind that your credit score isn't everything when it comes to obtaining a mortgage. I work with several lenders who can obtain financing for people with below average credit.
In addition if you are not working with a realtor I would be happy to help you with your purchase. Anytime you purchase a home it costs you nothing to be represented by an agent because the seller pays all the commissions. If you are purchasing a foreclosure home it's very important that you make sure you know what you are getting into. I would be happy to help you!
ERA Sunrise Realty
For one, don't let bad credit discourage you from purchasing a home. As a realtor, I refer my clients with lower credit scores to an FHA lender that I know can get you approved with a 500 or better credit score. Other lenders typically require a 575 or better, but the FHA lender I refer my clients to is a full FHA lender & underwrites their own loans. That's how they're able to finance a 500 credit score.
You're also headed in the right direction being interested in purchasing a foreclosure. You'll definitely benefit because it's probably priced under market value, so that means you'll get some instant equity.
Hope this helps.