Ready to to buy first home and a few questionsHey guys. I have been reading regarding this for a couple months and am still a bit unclear about a few things. My wife and I have been renting the same apartment for almost 10 years now at $1100/mo and were both ready to buy our first home. So far we have determined that we would like to keep the cost below $150k. Were both 29 and with a 1 year old son making about 55k annually combined. The questions we have for anybody that might be able to answer are as follows...Would the next step be to consult a lender to find our buying power?Is there any first time homebuyer programs available and in south Florida?My credit score is 670 with 2 delinquent credit card accounts I've stopped paying (a whole diff topic) and my Wives is 780 any idea how this might fare If looking for a 150k loan?I currently have $10k saved for a down payment while my wife has about 3k.How does all of this look?Thanks a million for anybody that takes the time to reply!August 18 2012 - Boca Raton00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.