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Questions about buying a specific home and foreclosures?

My grandmother’s home has just been sold. This home has a lot of sentimental value. While I know there is no way that I could persuade the new owners to let me have the home, I am praying that someday in the future this home will be up for sale again and I would be able to buy it. I’m only 22

Let’s say this were to happen. From now until then, what would be the best way to save the money quickly to put a downpayment on the home? I started thinking about buying a foreclosed home in the area in a year from now, but I don’t know anything about foreclosures. All I know about real estate is that if you buy a home and eventually sell it, you will most likely profit from the sale.

Could someone advise me about foreclosures (in layman’s terms, since I don’t know real estate lingo)? And has anyone ever heard of an actual case where this actually happens (my scenario that is)?

I know this is a crazy pipe dream, but I feel like this home needs to belong to a family member, maybe me
I want everyone to know that while I’m only 22, I feel like I would be financially responsible enough to handle this kind of a situation. It requires lots of sacrifice financially, and if that means I only provide myself with essentials to live, then so be it. I have dreamt about having this home since I was a little girl. I can’t see it belonging to a stranger. It has already been very hard on my grandmother, as she is moving out of there because she cannot keep the house up, not because she wants to leave.


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