The appraiser probably screwed up, but the home buyers would have been equally unhappy if the appraiser had come in with a lower value.
I still can’t believe what people paid…$800,000? There was a picture of one of the homes in the O.C. Register and the house just didn’t look like an $800,000 home to me. These are small homes on very small lots. If you live here, you know what your neighbor has for breakfast!