Many people want to purchase a North Florida home but simply don’t have the cash to do it. If this sounds like you, a North Florida foreclosure property from the U.S. Department of Housing and Urban Development may only require you to put as little as $100 down. Earnest money must accompany the offer. This is typically equal to 5 percent of the bid price. It is not to be less than $500 but no more than $2,000. HUD foreclosures down payments will vary depending on whether the property is eligible for FHA insurance. If the property is FHA insured, the down payment can dip pretty low. You can locate a Northeast Fl home through the U.S. Department of Housing and Urban Development to find a great deal.