Thanks, I forgot to mention that there is also a request to have a sellers concession for 13g. My lawyer says it's all OK, and we are covered. We have already agreed, and the fax is being sent as I type this. -Staten Island Frank- In a message dated 10/16/2009 3:45:31 P.M. Eastern Daylight Time, Brian.Mongar@xxxxxxxxxxx writes: That seems fishy to me, I don't think he has reasoning. Make sure you get a full pre approval, not prequalification from this new lender, and make sure they are reputable. I would even call the lender (have your agent do it) to make sure there is going to be no issues. I am sorry to hear that, I would push to have the buyer close as soon as possible before this market hurts his chances any further. IMHO