I talked to a seller today, and he gave me his asking price. But according to the 2003 appraisal, his asking price is $11,000 more than the total market value for his house. (The value dropped about $9,000 since last year.) Does this mean he is asking way too much for that house? My amateur thinking has me believing I should pay no more than FMV minus any allowances for paint/carpet/roof/etc. Am I right?