Black couple sues for housing discrimination after shocking results (CNN)

[ItsjustMe]

A Black couple in California is suing an appraiser over housing discrimination after their home was valued significantly under what they expected it to be. Their suspicions were confirmed after their White friend showed the home to another appraiser and the value went up by nearly $500,000.

[Dan]

1. Get him!!!

[bucolic_frolic]

2. Question everything, go over everything line by line, and think hard

Anytime money is involved, there's room for graft of some kind. I saw a relative's home listed on the wrong road with a smaller lot than the actual house. It wasn't sold, but if it had, it sure would have prompted legal action. And race was not involved. So to repeat, go over everything line by line. Question, politely but persistently to the point where you are satisfied.

[Backseat Driver]

3. IMHO, not only to POCs

and sometimes even, in the opposite direction (a too high estimation of purchasing power), at the lender's and underwriter's pre-qualification levels? Quick churn to satisfy seller's "instant gratification"? or something else--a 30 year mortgage is a long time in times troubled by the greed and avarice of RE flippers putting cosmetic lipstick on pigs, deeper pocketed investor rental-headed "cash" sales to those able to forego inspections, walk-throughs, sight unseen, etc...alternatively, on those that lack confidence in ever being "lucky" enough in meeting the expectations of what "normal" life should be in America--forever healthy and insured, marriage, family, job tenure in states that are "at will"? Ho, ho, ho!

Yeah, that job "it's nothing personal, just business." It's as personal as a choice like that can ever be!

And so seller's want and/or need to make their choice to accept or not - blonde and fair (off the record) educated, not too young/old, and yet still not in the owner stage (first time buyer), no ring, never married, no kids, political tribe?...wants that inspection and that short showing in person - just head to a computer for many of those facts--gee, into which discrimination(s) or bias does that fall?

[mopinko]

4. i assume this is why values in my hood are crazy low.

the most diverse zip in illinois. i own a little sf rental.
it's also a little gem of a hood. most of the lots are 150% of the usual city lot.
i just got some comps from a realtor. about $600k.
any adjacent zip code, it's over $1m. IF you can even find a comparable property.

[Baitball Blogger]

5. I wonder if he was going to pass the info

To an accomplice who would buy the house underpriced and resell it at a higher price,