I was wondering what the bank valuations really mean because I am having very different experiences with the bank. A recent finance that my bank approved was just an electronic valuation. Good for me but that didn't look very good on them. Another instance is a house which the bank has valuated at least 50K more than the owner is willing to accept. Now that is serious. Bank is paying 50K more than anyone is willing to pay. Is that a good deal or a bad one?