On my end as an independent broker, I get to sit here and snipe.

There was a realization that many people that went out of business 12 years ago were the custom builders and high end flippers and we didn't want to be sitting in that boat.

I think if people are going to sit around the house they might as well do it in style with all the amenities.

I'm wondering if I should just sit on the sidelines for a few years as prices collapse and then come back in and scoop up the cheap deals. 

Then get some killer deals under contract and wholesale them to those who do.But, for heaven's sake, whatever you do, don't sit on the sidelines!

All they have to do is sit back and make the decisions - all the time-consuming analysis is done before they even see the deal.  

Being signed up with several dozen banks and lenders gives me a nifty perspective.All of them  hit capacity a week ago, and have been pricing themselves out of the market.What's  happening right now is when they are sitting under ground (with trash rates) until capacity opens up.

I figured the sit would notify me when there was a response but never saw any of these.

Failing to be proactive, and just sitting back to see what happens, will undoubtedly result in a worse outcome for each of us, both in terms of health, as well as financial security.We are all in this together, and we will get through this, together.

@Inger S. it depends on what side of the foreclosure equation you are talking about.