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If youre in a strong sellers market where there are multiple offers on properties, having a lender with credibility in the local real estate community can help your offer rise to the top of the pile, says Richard Redmond, author of Mortgages: The Insiders Guide.
Arbitrary changes in borrowing limits are only going to harm the first-time home-buyer, said Richard Redmond, the mortgage broker in Larkspur, Calif., who arranged their loan. An across-the-board cut is easy to sell in the heartland, but its going to hurt the coasts.
design by Charles G. LaPointe; dialect coach, Stephen Gabis; technical supervisor, David Benken; general management, Bespoke Theatricals; production stage manager, J. Philip Bassett; associate producers, Rachel Weinstein and Richard Redmond and William Bloom. Presented by Fran Kirmser, Tony Ponturo, W.