👉 The term 'mortgage without appraisal' is a hilarious way to describe a situation where something is not properly valued by its true worth and market value. It's like saying "I don't really care what you think because I'll just buy the house." This slang expresses the absurdity of these situations where everything seems valuable, but at the end of the day it doesn’t.
Here's an example sentence using this term: "Hey, I saw a realtor tell me my house is worth more than $500K! But what do you know, they say appraisal fees are overcharged and it’s not worth it. So, when I finally get to close on the deal, I’m like, 'Oh no, I don’t have any money left.' And they’re like, 'Don’t worry, we'll take your mortgage without an appraisal!'"