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Housing   Values Are Banks Controlling them?
Mr. Seller’s house Just wants to sell his house
Mr. Seller thinks His house is worth this
Mrs. Buyer thinks Mr. Seller’s house is worth this
The bank thinks it’s worth this
Appraised value
Banks and Appraisers ,[object Object],[object Object],[object Object],[object Object]
Bank Owned  Seller Owned Sold for $259,000 in 2010 Sold for $319,000 in 2008
How Appraisals are Done ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Banks are driving home values because they control what their houses sell for, whether a short  sale or banked owned.

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Are Banks Controlling Housing Values Through Appraisals