Miller on Mortgages

That is a home that isn’t in foreclosure.  The article below has a lot of good tips especially since first-time homebuyers aren’t only just concerned with affordability they are concerned with the home being move in ready. 

“While nearly half of brokers polled for a Coldwell Banker survey last year found that affordability was the No. 1 concern for first-time buyers, fully 81% said move-in conditions were very important to these buyers.  Only 7% said first-time buyers were looking to purchase fixer-upper homes that they could buy on the cheap and renovate.”

http://online.wsj.com/article/SB124493301387612759.html#mod=rss_Money