Most of foreclosure houses are not in the condition you expect , it might need some repairs. Most of them are being sold AS IS. once you see them and determin how cmpfortable you are with the condition of the house, you can go ahead and make your decision, it is always recomended to have a home inspector. The first step all the time is to have your pre-approval letter. So you will be ready to put an offer on a house. In a bank owned house situation, it usually takes more time to get an answer about your offer, so the procedure might take longer than expected.
If you like to see those houses or put an offer , feel free to contact me 617-407-9830
to make a showing appointment or for any questions regarding you real estate needs.