This is a step by step guide on how to use the current lending environment to your advantage. Every change in the market provides an opportunity and there are plenty of opportunities in the current environment for would be home buyers. A famous quote from Warren Buffet,
“We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.”
To start off, it’s important to understand what has been causing the current change in the housing market and why there is so much negative media around housing prices at the moment. It was a number of things that built up the market and a perfect storm that brought it to a screeching halt.