did i understand this wrong?

來源: 於 2012-01-05 18:36:19 [博客] [舊帖] [給我悄悄話] 本文已被閱讀：次

Since this recession, most of the times, the appraisal value is lower than the actual market price.  The bank(s) want to play it safe.  The appraisal value is what the bank think the value of the house is.

If the appraisal value is lower than your mortgage, then you might be in trouble.