I'm thinking of moving my family about 1/2 hour away from where we live now. We're exploring all options. Although I've never considered buying a foreclosed property before, certainly such properties are "an option".

Has anyone purchased one? I'd like thoughts on the subject.

My understanding from talking with a relative who is a realtor is that the previous owners can leave a foreclosure pretty trashed.

The underlying feeling that I'd gain from someone else's misfortune either from poor choices or events beyond their control isn't pleasant, but I guess I could live with it if need be.

What are the pros and cons in your opinions?

Chris L