<prompt> Human: My wife and I have a combined income of 53k and though that is supposed to jump to 59k in the next month or two, I try to always plan based on what is and not what may be. We have a credit score of 780, about 5k in savings, and the only debt we have is a time share with only 7k left to pay off. The cost of living here is rather low so even with our meager income we usually end the month with about 800-1000 extra after our bills are paid. This could be higher if we didnt eat out as often as we doThe issue is that my wife and I rent an apartment and she has been wanting a home for a while. Since we have been funneling money to her parents due to their medical bills I told her that it will likely be another year minimum for us to buy a home so that we can make at least 15 downpayment, though I would prefer 20. She understood this and was ok with that until she found a listing for a home well under the supposed market value.Assuming the issue that caused the drop in price is only what I found upon my own personal inspection, will hire a professional if I am going to pursue this further than here do you think it would be worth buying considering my financial position?The home is currently going for 69k which means that I do not have the funds for a downpayment which means I would be looking at a rather high APR from the lender, and I refuse to go into our current 5k savings because all the problems that can come up with a house will be all the worse if we dont have the funds saved up for it. The pricing of homes in this area of similar scale are about 125k. I am sorry if this is not the right thread and am also sorry if this is not enough detail. I will gladly add more, but first wanted to see if already this sounds like a terrible terrible idea. Normally I would have just said no but the drastic drop in price made me take a second look.  <response>: Even if its a good deal you are just not in a position to buy a house right now - income is a factor, but savings is more important and you just dont have enough of the latter at the moment. 