Here's an article on botched appraisals from today's L.A. Times. If you scan posts below, you'll see that this just happened to me on the Norwich condo. We got the appraisal reversed. Yes, it is possible.
Home » 4604 Norwich Sherman Oaks » L.A. Times » real estate appraisals » Botched appraisals -- this just happened to me on the Norwich condo