WHo benefits from an over appraised house?
September 6, 2009 4:51 PM Subscribe
Buying my first house: Who benefits from the over appraisal?
posted by will wait 4 tanjents to home & garden (18 answers total) 2 users marked this as a favorite
I have a feeling our house was over appraised and I cannot figure out why this would be done and yes I have googled.
It was appraised for $40,000 more than the selling price.
I am in the United States.
Any information - relevant or not will be most appreciated.