After the two year waiting period is over, you should be able to get
financing easily. You should also be able to get 100% financing as well.this is very well done.

It is a bubble. That means prices are way too high and will inevitably come down massively as the yare all over CA, AR, and FL, among other states. Stretching payments out to 40, 50 0r 60 years is not an option. The only thing that makes sense (but is politically impossible) is having the taxpayer cough up a few trillion to pay the banks back for their foolishness in lending. That, however, is something that the responsible, financially conservative, non-bubble-blowing American people will never do. Whether you call it "money to help homeowners" (who will immediately turn around and give it all to the banks) or whether you call it a bank bailout and give it to the banks directly, it is utterly politically impossible. I invite your readers to go to www.doctorhousingbubble.com who has been explaining in voluminous detail over the last 18 months how each of the various buy-outs, mark-downs, work-arounds and other schemes that Bush and now Obama have advanced have not found any takers. They just don't make financial sense. Any sense. At all. To anyone.