[Heather D]

foreclosures? I am first time home buyer looking for a home. I am a single parent and the only thing in my budget are foreclosures. All of them I have looked at seem to be in good condition. Not sure if this is a smart way to start when my finances are my biggest concern.

[AberdeenBuildingConsulting.com]

In these economic times, there are definitely deals to be had. Make sure you meet with an honorable lender who can sit with you and really help you determine how much you could reasonably/comfortably afford to pay every month -- you don't want to end up in a foreclosure yourself. About foreclosure properties: I've seen a lot of them and they can be subject to abuse and theft of copper piping at any time. Usually the utilities are turned off, so you can't get answers as to condition of plumbing, heating, appliances, etc. without opening up utility accounts in your name. Definitely do NOT skip the house inspection, which will provide valuable answers to questions of condition. Even though it costs more up front to get this information, you may end up saving thousands by avoiding a potentially costly house.-Matt at AberdeenBuildingConsulting.com