Congratulations!
I have a word of advice for you...don't buy a foreclosure! They are advertised as such good deals but they take forever to close. We first looked at the house we want last August...yes, August of 2008
We made our offer but the bank that owned it at that time sold it to another bank and we got lost in the paper shuffle...it was listed again by the second bank and we made another offer, it was accepted, we have contracts and had a closing date set...that bank sold out to another bank, they have our good faith $$ in escrow and now we're in limbo waiting for the deed to be signed by the new bank. Thank goodness we haven't sold our home yet and we don't need to sell it in order to move so we can be flexible with this...but...if we had our home sold first we would have had to buy something else.
The only way I would look at a foreclosure again is if it is owned by a local bank that keeps their loans in house...they can give you fast answers and stay with you until it's closed.
Also...find a 'Buyer's Agent'...not a dual agent realtor. A dual agent will work for both sides, which can be bad, but a buyer's agent will work only for you.
And...get a home inspection done by a certified home inspector. Yes, it can be expensive but pay the $$...you won't regret it!