You will first want to talk to a lender to see what you qualify and what programs will work for your specific situation. It is definitely a great time to buy since our property values are so low and the interest rates are fantastic! Then, when you add to the equation one of the special programs - well, you really can't beat the great opportunities out there right now.
Please feel free to contact me if you have ANY questions. I can also give you a couple great lenders to talk to over the phone and see what your options are. Then you can decide what you want to do.