Say something on fox news last night about a federal program that helps people get into a home. You may look into it. http://kdvr.com/2013/03/19/home-buyi...ir-own-houses/

I agree with the others that you don't need a 250K plus home right now. Find a nice foreclosure in a good neighborhood and start to fix it up. Hopefully the housing market will turn around and you will have a nice chunk of equity to play with then.