Crazy appraisal on my homeHey all. I currently live in a mid size town in south Carolina and am requesting some advice on a home equity situation. I purchased my hhomes. December 2011 for $295,000 (put 20%, of my own money down). The appraiser at the time appraised it for $296,000. I recently refinanced in July and took a loan up to 80% ltv. The home appraised for $303,000 at that time. Two weeks ago I started the process of a home equity line application with another lender (%90 ltv requested). This time, an appraiser comes out and give my home a value of $266,000!!! This effectively ended the application as I owe $242,000 on my home. My tax value is $271,000, so it is even lower than that. Has anyone else run into a situation like this?September 12 2013 - US0YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.