Did you know an appraisal is not the value of your home? It is the amount the lender wants to lend you! on the value of your home. You, have to come up with the rest of the money. The lender does not care about the price the home. The lender cares about home much they money want to insure. Your home has market value and what you want to pay, what the home is worth to you, is the market value, not the appraised value.