Your needs and wants when buying are important, but, should not completely interfere with your decision. It is not always possible to find everything you want in a home. Especially when a maximum price is concerned. Perhaps the "good bones" are already there and all you have to do is budget a few alterations to make everything perfect. Buyers should always compare the pros with the cons when viewing property and be realistic with there demands. In this market, first time buyers have a chance to buy under $450,000 but the very low mortgage rates available today may pass them by if they are hesitant to make a decision.