Lori,

The best way to find this is possibly start searching for all rentals and find the home that you really like; then ask the owner if they will be open to owner carry or lease options. That's probably the best way to find the homes where Seller Financing is available... besides contacting a local Realtor and having them search the MLS for "owner financing" options.

There is owner financing available in some cases. Typically what you'll need is a nice down payment, especially if your credit has some bumps and bruses. Low payments just depends on how much house you want. Figure about $100/month for each $10,000 you borrow. So if you borrow $70,000 then $700/month. If you borrow $100,000 then $1000/month. That's a rough estimate, but will be a good starting point.