Loading...

"The value of a woman’s Indiana home more than doubled between appraisals last year after she stripped it of all evidence that it was owned by a Black person and a White family friend stood in as the homeowner."

"The value of a woman’s Indiana home more than doubled between appraisals last year after she stripped it of all evidence that it was owned by a Black person and a White family friend stood in as the homeowner." - Hallo friend USA IN NEWS, In the article you read this time with the title "The value of a woman’s Indiana home more than doubled between appraisals last year after she stripped it of all evidence that it was owned by a Black person and a White family friend stood in as the homeowner.", we have prepared well for this article you read and download the information therein. hopefully fill posts Article HOT, Article NEWS, we write this you can understand. Well, happy reading.

Title : "The value of a woman’s Indiana home more than doubled between appraisals last year after she stripped it of all evidence that it was owned by a Black person and a White family friend stood in as the homeowner."
link : "The value of a woman’s Indiana home more than doubled between appraisals last year after she stripped it of all evidence that it was owned by a Black person and a White family friend stood in as the homeowner."

see also


"The value of a woman’s Indiana home more than doubled between appraisals last year after she stripped it of all evidence that it was owned by a Black person and a White family friend stood in as the homeowner."

"Earlier this year, a Black family in Ohio removed family photos, artwork and their 6-year-old daughter’s superhero pictures, replacing them with belongings their White neighbors offered up. The appraised value of their house went from $465,000 to about $560,000."


The main couple discussed in the story had put $400,000 into improving a northern California house that they bought in 2016 for $550,000 and say they were shocked when it was appraised at $995,000. So they "whitewashed" their house by taking down their family photos and their "African-themed" artwork. They got a white friend to put up photos of her family — who I presume were all white people (WaPo fails to say!). When the house was appraised at $1.48 million, by a different appraiser, they sued the first appraiser. 

This article is disturbing, but it feels radically incomplete. One commenter writes:
I had my home appraised (2018) and, in addition to he countless pictures, the appraisal form specifically lists 3 comparable homes within walking distance and then adds or deducts from those sale prices because of differences (sq. ft., bedrooms, baths, etc.) to reach my appraisal. His reasoning was captured o[n] the form.

The low-ball appraisal, at least in NYS, would have had a corresponding work-up. Ditto the second. This requires the two appraisers to put their thought processes down in black and white. How do they differ?

If there is no written basis presenting market facts, then we just have opinions.

Another commenter says:

Appraisers use special software, but it's only as good as the data they put into it. If they consistently grade the level of finish a little bit lower for the Black-owned homes, the software spits out a big difference in final price. The comps they choose also play a big part. I've seen comps that were a stretch, to put it mildly, even when there were other nearby homes that were better matches. Lemme put it this way: appraisers have a lot of techniques to push an appraisal in the direction they want.

WaPo seems to be mainly reporting allegations in a lawsuit. 



Thus articles "The value of a woman’s Indiana home more than doubled between appraisals last year after she stripped it of all evidence that it was owned by a Black person and a White family friend stood in as the homeowner."

that is all articles "The value of a woman’s Indiana home more than doubled between appraisals last year after she stripped it of all evidence that it was owned by a Black person and a White family friend stood in as the homeowner." This time, hopefully can provide benefits to all of you. Okay, see you in another article posting.

You now read the article "The value of a woman’s Indiana home more than doubled between appraisals last year after she stripped it of all evidence that it was owned by a Black person and a White family friend stood in as the homeowner." with the link address https://usainnew.blogspot.com/2021/12/the-value-of-womans-indiana-home-more.html

Subscribe to receive free email updates:

Related Posts :

0 Response to ""The value of a woman’s Indiana home more than doubled between appraisals last year after she stripped it of all evidence that it was owned by a Black person and a White family friend stood in as the homeowner.""

Post a Comment

Loading...