My previous answer stands: See a copy at the end of this response.
Please consider calling an agent to help you. If you give your loyalty to one agent you will have somebody who is looking out for your interests and who will answer your questions persanally as soon as you ask. You have to be realistic about what you will be able to buy, and you have to be qualified to buy, but now is a GREAT TIME to get serious about real estate.
A buyers agent will get you pre approved and help you get into a home that fits your needs and ability to purchase. Of course I would like to talk with you if you want to get started now. It doesn't cost you anything to sign up with one of us and we can save you a bundle of time and money.
PS If you have not owned a home in the last three years, Uncle Sam has $8000 with your name on it. That's gotta help?!
Here is what I wrote before:
Annoying isn't it? You have to know that there isn't really a home out there that you can buy for that kind of money.
If you are looking for something inexpensive and want an agent to help you find the real facts on a home, give one of us a shout and you won't have any trouble getting an agent working for you (at no cost to you.)
we all wish you the best in your search, I am sure.
Web Reference: http://eileenmusser.point2agent.com