Contrary to what critics claim or what other studies purport to say, the majority of appraisals support the home-sale contract price, thanks to appraisers’ due diligence in developing a market-value opinion on the underlying collateral, according to the American Enterprise Institute. Citing data from a 2012 study by FNC, Inc., on how appraisal valuations respond to stressful local market conditions, the AEI said that a separate real-estate industry study claiming that low appraisal values are ...