A great source to find a North Florida foreclosure home, the U S Department of Veterans Affairs, offers homes to buyers at a great deal. These homes can be purchased directly from the VA, many times below market value. The down payment can be as low as 2 percent for owner-occupants. Ten percent of the purchase price may be required of investors. The VA guarantees loans to veterans, so if a veteran defaults, the VA gets stuck with the property. There are about 100 new properties listed with the VA every two weeks. Remember, however, that the home is sold as is. Contact the Department of Veterans Affairs for more information regarding Northeast Fl foreclosure homes.