What factors should one consider when thinking of buying a Northeast Fl foreclosed home?  There is a diverse opinion about how to decide on the value of a troubled property. If you are thinking about purchasing a foreclosure home, you should first do all of your homework. You will want to gain as much information as possible from the lender. This includes the range of bids they expect on the house. You should also take a close look at the house. It is best if you can go to the property, but this isn’t always possible. If you can’t get into the property, talk with the surrounding neighbors to see what they can tell you about the home’s condition. Do your own cost comparison by investigating comparable houses that are recorded at the county recorder’s and assessor’s offices. You can also check with internet sites that focus on property records. Investigating the Jacksonville fl homes thoroughly will allow you to make the most informed decision.