SD Realtor, I heard that Wellsfargo is getting things really seriously. But you have raised an interesting issue for consumers. Suppose a house is on sale for $500000, and someone bids to buy it for $490000, and another lowball bidder offers $420000. The seller accepts $490000 offer. If the appraisal said that the house should worth $450000, and Wellsfargo takes off 5% of the appraisal, ie $427500, then my question is will the transaction proceed? I suppose the loan will not be approved. Then, what will happen to both the property and the buyer? Will the buyer get a loan of less than $490000, or will the deal be given to a lowball bidder?