I've explained this before but the players involved don't really care. The bank just wants to make sure they aren't on the hook for a worthless shack. If the ap

I've explained this before but the players involved don't really care. The bank just wants to make sure they aren't on the hook for a worthless shack. If the appraisal comes back inflated by 10-20% that's fine. The goal is to prevent loaning $1.4m against a house worth $700k.