Understanding Appraisal Value

[Andy Bhuchar]

Hi All - just got my appraisal back and the appraised value is the exact same amount as the purchase price. The purchase price was negotiated down by about $40K prior to going into contract.

Question - does it seem strange that the appraiser's value exactly matches? My cynical side has me wonder if the true comp value may be lower but the appraiser working with the lender doesn't want it to fall through.

TIA!