you may want to concider finding a free and clear home and ask for seller financing. Fannie, Freddie and FHA all have time restrictions on short sale buyers. Many times, sellers like this as an option because it guarentee's a certain percentage rate on their money and over the course of 30 years will total much more then the amount they are actually selling the home for. interest adds up! For a seller that doesnt need the money up front its a wise decision on their part.