Buying a home is a big financial commitment. So, some first-time homebuyers look for bargains. These come in different forms. An estate sale, a fixer-upper, foreclosure or short sale. But with a discount price comes a lot of due diligence. And, it's a more precarious situation. This is …

Millions of Americans lost their homes in the housing market crisis and are currently renting. Naturally many of them wonder whether they will ever be able to become a homeowner again. According to the Federal Housing Authority (FHA), for many the answer is "Yes". However, there are some strict conditions …