That lenders have a tough time with the theory of a HIGHER purchase price than the actual list price? I am telling you this because if FHA is the mother of all financing right now, people are going to find ways for the seller to contribute 9% (6% seller concessions toward closing costs and 3% towards down payment assistance.) SO, when you are making an offer on a home, make sure you are not offering more than the list price. The lender's theory is if it doesn't sell for the old list price, why would that change this time? Also, if they go to foreclose on it, they want to make sure it will appraise properly and will sell appropriately (which of course, we all know that they do sit on the market for a while). Just wanted to keep you informed! Have a productive week!