appraised equal to purchase price

[Anonymous]

Is it good or bad if the appraised is equal to the purchase price.

Thanks,

[Lel]

It's good because it implies that you're not overpaying for your home.  The worse scenario would be if it appraised below your purchase price, because then you might not be able to get a loan for the purchase amount.

[DallasLoanGuy]

appraisers are being conservative right now