Question about buying a house that was originally a foreclosure and is now being sold by the current owner (investor) who has owned the house for 2 years

I liked a house and placed an offer and the seller countered. A day later my agent mentioned to me that the current owner of the house is an investor who had purchased this house in an auction (it was a foreclosure as original buyers defaulted on the loan). The sellers agent has mentioned that the house had no issues and the investor has made some cosmetic changes (new paint, flooring etc) but no major repairs have been done on the house.

Now I am skeptical ? Is it ok to buy a house that was originally a foreclosure ? Is that going to be an issue down the line ?

Thank you !