Racism in appraisals
2021-02-14 03:37:35.971604+00 by Dan Lyke 0 comments
Black CA couple lowballed by $500K in home appraisal, believe race was a factor
"We had a conversation with one of our white friends, and she said 'No problem. I'll be Tenisha. I'll bring over some pictures of my family,'" Austin said. "She made our home look like it belonged to her."
The home appraised for $1,482,000, or roughly $500,000 more than it appraised for just weeks prior.