>> Yes, as a homebuyer you can offer a higher number on a house to win a bidding war, but why are banks allowed to appraise the house so damn high? You've answ

>> Yes, as a homebuyer you can offer a higher number on a house to win a bidding war, but why are banks allowed to appraise the house so damn high? You've answered your own question. The house is appraised high because homebuyers can offer a higher number on a house to win a bidding war.