To start with, you will want to see if you meet certain qualifications to be able to purchase a home.  

Most people do not realize they can own a home nor how much home they can own now that RECORD LOW INTEREST RATES and FORECLOSURES have made this the most affordable time in our history.

    Here are the basic requirements:

       • You have a steady, reliable source of income and a steady employment history for at least two years.

• You have a credit history.

• Your total debt is manageable and you can afford to take on the costs associated with homeownership.

• You have money saved for a down payment and closing costs or you have access to other sources of funds, such as an employment bonus, tax refund, or a gift from a relative.

        •       You fully understand ALL the pros and cons with owning a home, beyond just the tax savings or the rent versus own.

Now the following will really tell you most of the details by going through the entire buying process from start to "close".