HOME SELLERS BEWARE OF MORTGAGE COMMITMENT LETTERS WITH CONDITIONS, especially when given one week before closing, it does not mean you are closing. In some cases sellers either have already purchased or rented a home to find out that the buyer was not able to meet the conditions, this is not good for the seller because the seller now has to find another buyer and continue to pay a mortgage, utilities and other maintenance on the home the seller is trying to sell, living the seller with two mortgages, not a fair deal for the seller as they may not be able to afford the second mortgage and cause their credit score to fail. My suggestion is that either you demand a commitment letter without any conditions early on before you even move to a new home or at contract signing. Also, it is important to make sure that you have full communication with the mortgage officer (if possible) and the buyers agent as well; if these agents do not communicate with you, then it becomes a big red flag. The problem is that a lot of mortgage and real estate agents only care about their commissions without realizing the damage they can cause to the seller. If you have any questions or need more information, please call me at 302-312-1285.