[jjav]

> Appraisers they knew could be a little generous with the numbers to make the clients happy

This can only work if only very few appraisers in the area are overvaluing. But if that works, why wouldn't all of them get in on the game? And if most of them do, it falls apart because the actual sale prices will be out of line with the appraisals. So, it doesn't really work outside of edge cases here and there.