We had a deed in lieu 2 years ago in November. Since then we have moved, improved our credit by at least 100 points and our bank says the deed in lieu will drop off this November. They said to wait until November to buy a house. Should we wait that long, or should we try to get a home now? Also - what can we do to improve our position to receive a loan, will we have to get a subprime loan? Will there be subprime loans available in the future?