We just bought a house, had it appraised and the appraisal came back the exact same amount we paid for it. It can't be a a coincidence. I thought the appraisal was supposed to protect us from making a bad choice and the bank from making a bad loan. It's like it was fixed from the start. Our realtor has lied to me a few times and I feel it is pointless to ask her about it. My husband says that we are on our own and have to protect ourselves. It all seems like worthless hog-wash to me. Why did this happen and has it happened to anyone else out there?