Yes some foreclosures are deffinately worth it others are not. Do your research on the home and the neighborhood. Get a local realtor that knows and understands foreclosures. Most importantly get a home inspection! I cannot stress this enough!!! My husband and I bought a foreclosure and are doing most of the work ourselves. We couldn't have the water turned on for inspections due to missing hot water heater. We are still in the midst of fixing plumbing issues.