In article .com,
KP wrote:
I am serious? I did 100% financing but they appraised the home at a
much higher value than I paid and gave me a HELOC based on this
appraisal.
So, in theory, I do have equity in the home, but only if I were to sell
it at the appraisal value which I have been unable to do.
Does this make sense?

Yes. It means that its overpriced. The appraisal is probably too high,

--
Rich Greenberg Marietta, GA, USA richgr atsign panix.com + 1 770 321 6507
Eastern time. N6LRT I speak for myself & my dogs only. VM'er since CP-67
Canines:Val, Red & Shasta (RIP),Red, husky Owner:Chinook-L
Atlanta Siberian Husky Rescue. www.panix.com/~richgr/ Asst Owner:Sibernet-L