Nathan Connolly and Shani Mott at their home in Baltimore on Aug. 16, 2022. They are suing an appraiser and a mortgage lender after their home was estimated to be worth $472,000. After the couple removed any indications that Black people lived there, a second appraiser valued the home at $750,000. (Shan Wallace/The New York Times)
Imagine working hard in life to overcome obstacles, become successful get married and buy the home of your dreams, only to later have it appraised at a lower value because of the color of your skin.
The more things change, the more things stay the same.
(CNN Reports:)A Maryland couple has sued a local real estate appraiser and an online mortgage loan provider, alleging that the housing appraisal they received was unfairly low due to their race, in violation of the Fair Housing Act, after a second appraisal returned a result nearly $300,000 higher.
Glad they decided to get it double checked. All they are asking for is to be treated fair. That’s not too much to ask.
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