did i understand this wrong?

来源: 于 2012-01-05 18:36:19 [博客] [旧帖] [给我悄悄话] 本文已被阅读：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.