Five years ago, lots of Americans bought houses. To qualify for a mortgage, basically all you needed was.... a pulse. Nowadays banks are a lot more careful about lending money for anything. However, if you are one of the lucky few that have some cash and decent credit left, you can get a home for a really great price.
If you're shopping for a new house in the Phoenix area, one place you can check out is Scottsdale Fine Properties. Not only do they sell houses in Arizona, they also have homes for sale in Mazatlan, Mexico. At the time of this writing, they have a house for sale in Mazatlan for only $79,900! You can be a homeowner in Mexico for the same price as Lindsay Lohan's bar tab!
If you want to apply for a mortgage loan, you should have good credit & as much cash saved up as possible for a down payment. This will help you qualify and get the best deal possible. Oh yeah... it also helps if you have a pulse! :>