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Reply to "My appraisal came in higher than expected (on a refi)"
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[quote=Freeman]Same here as well. Our refi appraisal was about $125k higher than we expected it to be. We are reasonably suspicious as well, since we aren't confident that the house would sell anywhere near the value given. There's not really any downside to a higher-than-expected appraisal though, unless one does something silly like trying to cash out all of the new-found equity. As long as you stick to the amount needed to refinance, there shouldn't be any issues.[/quote]
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