This is why I can't stand when people say "why do you people make everything about race" They say that knowing everything in America is about race.
@jarvisaddison8560
3 жыл бұрын
That's because they will never walk in your shoes! That's why you can't debate these people.
@geemcgraff8281
3 жыл бұрын
@Lovely_Day exactly
@samroxeva
3 жыл бұрын
It's not just an American thing...it's a world wide thing...America just likes to act like it only happens rarely & is not a real problem; ya know because we are the "beacon of freedom."
@m.w.3256
3 жыл бұрын
White people NEED black friends!!! That’s why I HATED the show “Friends”!
@jasminerenee2062
3 жыл бұрын
Its non black survivors guilt mixed with oblivion.
@marksimmons5839
3 жыл бұрын
This is the real racism...I could care less about name calling... this is the stuff that holds people and whole communities back.
@dajb90
3 жыл бұрын
Not the lack of fathers or father figures? Lol pretty sure that's the biggest issue that plagues the black community. No guidance leads to gangs
@marksimmons5839
3 жыл бұрын
@@dajb90 that too, but it would be a shame to have a father figure yet still have your home appraised for 100k because you're black. LOL pretty sure you can understood my point.
@marksimmons5839
3 жыл бұрын
@A Stoic's Door you have a scarcity mindset and low expectation mentality...I feel sorry for you.
@dajb90
3 жыл бұрын
@@marksimmons5839 it's not uncommon to get a low appraisal on a million dollar home. Also the wife is Latina. To say for a fact that it was because he's racist isn't true. The odds are always 50-50. You don't decide someone's intent based of how it makes you feel haha. So this guy is a racist to his core? Or what he did was racist? If he had the same attitude and mentality but gave them a better appraisal, is he still a racist? Lol they didn't like it so they called racism lol. So any time there is a disagreement they can call racism? Descredits the real claims.. fight racism with racism. Good plan.
@marksimmons5839
3 жыл бұрын
@@dajb90 There has been a proven pattern for low approvals over the decades affecting many nonwhites and especially blacks. The accrued loss immense. Google mortgage and appraise discrimination. While you at it google redlining and the homestead act. Fight racism with truth to produce Justice. Protect racism with trolling and misdirection. What side are you are sir?
@nyieshahopkins6700
3 жыл бұрын
I hope this individual looses his license because his livelihood and future should be placed in jeopardy because that is exactly what he has done to this couple. We do not need him to risk the future of others.
@geno816
3 жыл бұрын
I saw a story like this happen in Florida too. A white male with a black wife. It was like a 200k difference. Insane
@shaunareyes
3 жыл бұрын
He isn't the only individual doing this kind of discrimination. This is illegal.
@inthesun3884
3 жыл бұрын
The bad actors should go to jail they are breaking the law.
@angelanojellybeans6481
3 жыл бұрын
He needs to be sued for discrimination and his identity needs to be revealed. I'll be shopping in a short while, when shopping I'll be with my own kind.
@quiqui5793
3 жыл бұрын
@@angelanojellybeans6481 Spend with our own kind, REGARDLESS. B1
@t.k.155
3 жыл бұрын
So glad that your story hit the main stream news! This type of discrimination has taken place for many YEARS! Please publish the appraisers name so that they cannot continue as a credible appraiser.
@m.w.3256
3 жыл бұрын
This was reported locally, ABC News needs to report this AND report the last four years of dismal and systematic dismantling of HUD by Dr. Ben Carson, a Trump loyalist!!! He should have stuck with neurosurgery rather than politics!
@daven0509
3 жыл бұрын
Lies
@jojofashosho5344
3 жыл бұрын
I know right Ben Carson is such a white supremacist 😐
@atuck6082
3 жыл бұрын
Centuries.
@atuck6082
3 жыл бұрын
@@daven0509 There are full documents on things like this. Stop being part of the problem.
@bookbeing
3 жыл бұрын
This is just evil. The appraiser should be investigated because he's likely done this to other people as well.
@geraldgreauxjr.7106
3 жыл бұрын
I'm so glad the both of you had the common sense and the ability to do your own research. Don't mess with Islander's and Latin's with common sense. Big up Puerto Rico, Latinos from me. Originally from the U.S. Virgin Islands. Great job!!!!
@mafriqaful
3 жыл бұрын
this is nothing new folks it's been going on for a while in every state, whenever you're getting an appraisal put away your family pics, Also whenever you're are applying for a loan whether it's a car loan or a mortgage do not specify your ethnicity just write other, banks usually charge extra interest on blacks and Latinos.
@dedeshikaalabi-mensah9471
3 жыл бұрын
That’s a good question and what company did it so we can cancel them?
@Splexsychiick
3 жыл бұрын
Will probably continue to do it as well
@theexperiment8498
3 жыл бұрын
Good point. That appraiser’s appraisal file should be audited by an independent group.
@kiajames7737
3 жыл бұрын
And they love to tell us to stop making excuses and that it’s just in our heads. This is the definition of systematic racism. Half a million dollar difference? That money literally affects generations of families.Smh! While I’m glad these people were in the business, My heart goes out to the people who aren’t.
@ASmith-jn7kf
3 жыл бұрын
Some people do make excuses and sometimes racism is in your head. How is it systematic?? What laws back up this being okay?? Come on.
@djosserperrah9563
3 жыл бұрын
@@ASmith-jn7kf not the best place to say what you are saying when we are watching a video of how they do it..
@plaster3713
3 жыл бұрын
@@ASmith-jn7kf your one of those people you are describing
@juniorjunior6630
3 жыл бұрын
@@ASmith-jn7kf Tell us your RACE .... A. Smith..... Since you it's all in our Head ?
@juniorjunior6630
3 жыл бұрын
@@ASmith-jn7kf RACISM FIRST BEGINS IN THE HEAD OF A RACIST BIGOT AND THEN IT'S EXPRESSED IN DIFFERENT WAYS. NOW THAT'S REALITY. YOU DO AGREE ?
@Renee_nf094e
3 жыл бұрын
Just think of the people of color this happened to who never complained.
@abdulraheem415
3 жыл бұрын
Please read the book called The Color of Law by Richard Rothstein. It is a must read for the subject of housing discrimination. Please please. .
@tjtj6540
3 жыл бұрын
EXACTLY or just didn't know
@gustavon.1444
3 жыл бұрын
@@abdulraheem415 will do. Thanks for the recommendation!
@gustavon.1444
3 жыл бұрын
Golden comment from Abdul Raheem. Thanks a million for that piece of enlightment. This is why I read the comments, sometimes there may be nuggets of wisdom to be found.
@bmartin4549
3 жыл бұрын
@@gustavon.1444 I’m reading the color of law now for a work book club. I work in affordable housing preservation and this book will blow your mind. Unbelievable!
@GNOBNX
3 жыл бұрын
Can we see the story where the appraisers loose their right to appraise homes anywhere in America indefinitely????????? We need this story, enough with slapping racism on the wrist. Annihilate it all together...
@DIVISIONINCISION
3 жыл бұрын
As with any license, it's up to the holder to uphold their ethics. You can't sue them because it's their personal judgement in terms of the appraisal. There's not much you can do but complain to the state.
@marksimmons5839
3 жыл бұрын
If it benefits them they will keep doing it.....lowballing nonwhite housing appraisals certainly benefits them.
@tjtj6540
3 жыл бұрын
Funny
@janines6680
3 жыл бұрын
I agree, but unfortunately there's no such thing. People have to deal with racist appraisers. And they may not even be racist but it's just in there job description.
@yudahshebrews3280
3 жыл бұрын
💯✊🏿
@LiveLifeFull247
3 жыл бұрын
Makes me sick. Everyone should get treated the same. No matter what skin color you have or how you look...God help us!
@shaunareyes
3 жыл бұрын
@V. N. it's obvious that you are who you are. BLM is a group that protest police brutality. You wouldn't go to a dentist for hearth treatment, or to an optometrist for foot problem. But you already knew that, didn't you?
@derrickcarter3361
3 жыл бұрын
@V. N. Who said it didn't matter just only when a cop kill some one od color?
@africanpage7794
3 жыл бұрын
@V. N. what's BLM have to do with the initial comment. You just have to complain because the ideology of black live matter bothers you so much.
@bonkersvideos6073
3 жыл бұрын
@@africanpage7794 people get triggered by BLM and “woke” mob because essentially they are fighting racism with racism.
@olivierbredenstein2726
3 жыл бұрын
@V. N. U are the problem ,finding anything to bring black people down. Sham on u
@shameonyou632
3 жыл бұрын
I bet they doing this to every black person that’s flipping houses around the United States
@m.w.3256
3 жыл бұрын
“All knees shall bow and every tongues shall confess that Jesus Christ is Lord”! The final justice system for all mankind! Something tells me, a lot of white, evangelical churches and god (little g) fearing white appraisers are in for a COLOSSAL surprise!!!
@Wanderer25
3 жыл бұрын
It's a redlining tactic that's been going on for decades.
@truthseeker2.038
3 жыл бұрын
Yes they are
@samselle7444
3 жыл бұрын
Who's "they"?
@truthseeker2.038
3 жыл бұрын
@@samselle7444 u know who they are don't act stupid
@MegaGranni
3 жыл бұрын
This is terrible, they did everything right but still got screwed in the end. Now they are looking at selling their home and you know that means... less generational wealth--this is economic violence!
@haroldbottom3474
3 жыл бұрын
It depends what they do with their capital gains. This market is going to crash, then they're really going to lose generational wealth.
@patricecunninghamakaintern2833
3 жыл бұрын
Happened to me in Columbus, Ohio
@ThePecanTan
6 ай бұрын
Yup. Shocked to hear they're going to rent and sell their house.
@jpoupart23
3 жыл бұрын
HUD needs to be checked too.
@dhill4000
3 жыл бұрын
Yep HUD GIVES U THE RUN AROUND TOO
@dhill4000
3 жыл бұрын
If anyone knows any lawyers that could help please reach out to me. Im in a situation right now in texas
@retiredivamcneary2838
3 жыл бұрын
Hud is not fair .
@dlitefulone
3 жыл бұрын
@@dhill4000 im not a lawyer but im in texas too. Whats your story? Im looking to sell too
@charlenedavis970
3 жыл бұрын
@@dhill4000 Hi Darlene my name is Charlene I was just reading your story and it really caught my attention I was thinking about a HUD house what's going on witth that they also be scamming that too please give advise..
@soojoe
3 жыл бұрын
That appraiser needs to be punished or held accountable. It’s very disappointing that we have such unfairness in real estate. As a realtor I cannot believe someone wakes up with such ill intent.
@DJRenee
3 жыл бұрын
To bad it's a unwritten rule to undervalue homes in black areas. Even educated, middle class ones
@sweetetta
3 жыл бұрын
Wake up it’s prevalent in USA
@soojoe
3 жыл бұрын
@K Maxx Unfortunately opinions caused the issues we deal with today. People use opinions to pre judge or prejudice against someone. Call me whatever you want. People use opinions to alter outcomes.
@sylmen1111
3 жыл бұрын
Yes seems it’s all premeditated, thus solely racism gets this hateful person outta bed every morning, kisses their family and walks out happy knowing they will be doing this malicious nonsense to their paying clients. The clients that put the food on their table. What an absolutely disgusting person or business.
@sylmen1111
3 жыл бұрын
@K Maxx sounds like idiot is your mantra, serious issue not just an opinion, but you think you are smart and witty with your stupid self projecting comment, is all you, you know it otherwise you would understand the severity of the issue at hand, people who don’t somehow see or understand racism, are the racist stop acting like somehow it doesn’t happen or exist. Don’t like getting called out, than keep your mouth shut, you aren’t funny or witty.
@midnight840
3 жыл бұрын
that loan company apologized after lowballing and getting caught on media , couple in the business,
@mlgreen111
3 жыл бұрын
After getting caught. If they hadnt been exposed they would be still be doing it.
@india6299
2 жыл бұрын
@@mlgreen111 they probably still do it in other areas
@Mansa85
3 жыл бұрын
Why are they not naming the company and appraiser. This needs to be out there for others to know.
@haroldbottom3474
3 жыл бұрын
I thought they said rocket mortgage.
@mermaidtingzzz
3 жыл бұрын
@@haroldbottom3474 but there was in appraisers that the lenders hired, they didn't name them.
@haroldbottom3474
3 жыл бұрын
@@mermaidtingzzz Oh okay thanks for the clarification.
@muskepticsometimes9133
2 жыл бұрын
Because it's not true
@flclub54
3 жыл бұрын
Public service announcement to caucasians: This affects you too! Should this type of discrimination happen to your fellow neighbor, your house goes down in value too.
@acarroll1714
3 жыл бұрын
Too racist for their own good.
@lamara8497
3 жыл бұрын
This happened to a black woman who was married to a white man. Their home got low balled the same way! She had to remove photos and such items from her home to make it look like it wasn't a black person living there just so she and her husband could get a fair appraisal! Rocket mortgage just didn't want to acknowledge their practice and become the bad guy. Let's not forget they sent out their independent guy out to appraise the home. Definitely knew what they were doing....
@Driveright698
3 жыл бұрын
Did they file a complaint?
@rahra2483
3 жыл бұрын
Yeah I saw that story too! They got more when the appraiser thought it was just the husband's house.
@freedomofspeech2420
3 жыл бұрын
I remember them
@mikeriege7919
3 жыл бұрын
Why isn't the cancel culture going after these appraisers?
@kevine.1276
3 жыл бұрын
Because the media is to busy trying to make the modeled minority asians victims an are not showing this in both Republican an liberal media an to many people may not no about this story.
@numerologicatarot3333
3 жыл бұрын
It needs to sit the whole government down!
@LovelyCeee
3 жыл бұрын
Yes, I agree!!
@1pyroace1
3 жыл бұрын
@@ShayMarie.00 forreal
@Narutocoolcat
3 жыл бұрын
Because there too busy looking for old tweets
@ronaldbryant7710
3 жыл бұрын
I am glad I saw this I will never use Quicken Loans
@SL-lz9jr
3 жыл бұрын
To be fair, Quicken Loans didn’t do the appraisal. A lot of financial companies hire third party providers to do these appraisals. That said, they either need to stop working with racist appraisers or they need to lose business too. They’re part of the problem if they don’t take these complaints seriously enough to actually reform
@nhlder1027
3 жыл бұрын
It's not just quicken loans. There was a similar story about 5-6 years ago. This goes back to redlining in black neighborhoods. There are systemic ways to keep us down.
@Fairexchange41
3 жыл бұрын
@@SL-lz9jr Quicken Loans is in on it too because they don't want a interest rate that works in favor of the customer
@infinitedreaming222
3 жыл бұрын
@@Fairexchange41 work in the favor of poc customers. Wake up
@bmoe3503
3 жыл бұрын
@@SL-lz9jr Quicken loans didn't even try to rectify the situation until the media got involved. Also, if you think a mortgage company like Quicken Loans is unaware of redlining you aren't being fair, you are crazy.
@michele33s68
3 жыл бұрын
Sue these appraisers for discrimination. This is how they keep us poor and gentrify our neighborhoods. Sue them for millions.
@Qdub34
3 жыл бұрын
Julian Glover out here doing God's Work.
@andrelewis774
3 жыл бұрын
What I want to know is why are they not showing the actual people who do things like this?! If you hurt their pockets and pocketbooks then that's true justice. 🤨
@lordcron
3 жыл бұрын
Because they're in on the devaluations! They hide them for a reason!
@marksimmons5839
3 жыл бұрын
Becuase they likely have the complexion for the protection. We need to take it upon ourselves to out those practicing systematic racism.
@khloe38
3 жыл бұрын
Right. You know if it was the opposite (black appraiser, white family) the news would be knocking on their door to get their face in the camera, and tracking their daily activities...
@gavip24
3 жыл бұрын
They need to show these people. These racists are the ones who take advantage of their positions to hurt others. Once they realize they lose their job then they will get their act right
@andrelewis774
3 жыл бұрын
@@khloe38 Exactly!
@LeonardoDeVinci1452
3 жыл бұрын
This is the passive racism as a California I have experience since the 80's. Smile to your face while they pick your pockets. But now people have access to how the system works.
@m.w.3256
3 жыл бұрын
But they love the Asians...the acceptable minorities!
@francesca9263
3 жыл бұрын
Imagine how many more people this would have happened to if they didn't have a real estate background
@kas7344
3 жыл бұрын
Im sure it already happened countless of times before this is the first time they got caught...
@francesca9263
3 жыл бұрын
@@fabianortiz1712 but by them having a real estate background helped them realize that they were being scammed and please ease up on the "sister " talk it seriously annoys me let's keep it professional
@user-ns5wm5dv6r
3 жыл бұрын
Read : 'The color of law' by Richard Rothstein. This has existed over a century. Trillions of dollars of Black wealth suppressed.
@mimseydeartist1691
3 жыл бұрын
Always hire a Caucasian friend to even the playing field.
@lamonthughes8236
3 жыл бұрын
Wow 🤔 crazy
@mlgreen111
3 жыл бұрын
The fact that we even have to is a problem in itself.
@mimseydeartist1691
3 жыл бұрын
@@mlgreen111 no sir. You’re not blind to what’s going on and to think they aren’t trying to beat us is the problem. How do you think with everything these people do to us, beating us out of our money ain’t on the list? We’re SUPPOSE to be smarter then this and had our ducks in order to where this is a known, and each family have their resident Caucasian to negotiate business with. Instead of putting it on front street blowing up the spot which puts them at an advantage once again because the gig is up. 🤷🏾♀️
@mimseydeartist1691
3 жыл бұрын
@Clarence Dials it’s called “staging a home”
@Janthony1977
3 жыл бұрын
Sad but true
@shrimboy7492
3 жыл бұрын
Well.. this tells everyone to never trust appraisers and do ur homeworks.
@nguday2003
3 жыл бұрын
Is that all you pulled from this?
@deanjones2525
3 жыл бұрын
It doesn't matter how much homework black people do. White racist American politicians are committed to maintaining this status quo. Look at how many generations they have known this has been going on, and they've done nothing to change it.
@katiedid1851
3 жыл бұрын
No. This says DO NOT BE A PERSON OF COLOR IN THE GREAT US of A.
@karensimons5387
3 жыл бұрын
I'm an appraiser and I would NEVER be biased. NEVER NEVER NEVER. I don't think any of my appraiser friends would be either.
@ASmith-jn7kf
3 жыл бұрын
@@deanjones2525 that's a very ignorant thing to say. Yes, do your homework, read the fine print so you know when things are not right.
@LOCDLIFE
3 жыл бұрын
I PRAY GOD GIVES THEM FAVOR IN THIS SITUATION MAY THEY RECEIVE EVERYTHING THEY ASK FOR AND MORE THAN THEIR ASKING PRICE!!!!🙏
@briodiz4772
3 жыл бұрын
What's about the other million's of black families??
@bookbeing
3 жыл бұрын
Those people involved in this unethical practice should be investigated cuz if they've done it to this couple they've likely done it to others as well.
@kinnyp.2095
3 жыл бұрын
Are you going to investigate the WHOLE godd@mn country?? Bottom line is wh!te ppl believes this system is a blessing to them..Your disfranchisement is their blessing to them. They are not going to engage in behavior that's going to dismantle that system that they consider their blessing. The fact that you even thought that there was going to be some change in the structure and foundation of this country based on investigation is silly notion. This country founded on racism.
@m.w.3256
3 жыл бұрын
@@kinnyp.2095 since 1619!!!
@grateful9672
3 жыл бұрын
My uncle was selling a beautiful home in CT. He was told he could not stay in the house because if the buyers are white, they will depraise the house. If he was a white seller, it meant he could stay, and mingle with the potential buyer. So sad.
@wanaraz
3 жыл бұрын
Any good real estate sales person will meet the appraiser and not have the homeowner there. That's how business is done.
@thisisyourtransmission
3 жыл бұрын
When people say that they are "stunned that this can happen" , they automatically make themselves unbelievable! I will never say that I am "stunned" when a lion chases me, when I am living in a jungle full of lions and tigers and bears, oh my!
@michelle6694
3 жыл бұрын
Just filing a formal complaint is not enough!!! Take them to court!! The exposure is only effective if the standards, policies and procedures are changed on all levels of inequality! Legally these people involved in these types of activities should loose license to practice and face the legal ramifications because of their illegal actions!! 😡🤷♀️🤦♀️
@1209Misty
3 жыл бұрын
So when people file a complaint who’s getting charged, who’s getting fined, who is going to jail, what actually happens to these crooked azz people?!. To be honest the fact that we have to tell people to come and file a complaint, shows you how big of a problem this is. Maybe there should be an actual law that will penalize whoever is doing that, which will most likely preventing them from continuing this behavior!. But letting them get away with it, doing absolutely nothing, why would they change their actions?!.
@pearlperlitavenegas2023
3 жыл бұрын
Disgusting I had the same issue as a buyer. I bought a townhome for 123k. The appraisal came in @116k. Zillow had the property for 130k the Tax County Tax Board had it for 130k too!!! The low appraisal didn't make sense.The reason the appraisal was so low was that the tenant living in the home @ the time was a Black woman. The Seller (white Boomer who lived in another state)wouldn't budge & lower the price for me. I had to come up with the difference on closing day. Thing is a few months later I bought the townhome next to me from the same Boomer. The tenant in there was a White man. Guess what? the appraisal for that one came in at? 150k LMAO Both properties where in terrible shape needing tons of work. The only difference was the 150k property had an extra 50sq ft of space. Y'all this 💩 is real!!!! This never made sense to me till NOW!!! But I always knew something wasn't right. Race was the difference, duh Lesson: Hire Gr¡ngo$ to pose as tenants or owners if you want a high appraisal 🤮
@notthatguy4062
2 жыл бұрын
Yeah I don’t think you understand how an appraisal works. Everything isn’t racism.. Jesus Christ
@higher_pwr8178
3 жыл бұрын
If possible, reach out to/hire only black appraisers.
@DJRenee
3 жыл бұрын
Doesn't matter
@RicaG29
3 жыл бұрын
@@DJRenee Why would it not matter?
@gorgeouslymade1754
3 жыл бұрын
The lender hires the appraiser; a homebuyer cannot hire their own appraiser.
@buffsamuraifred6037
3 жыл бұрын
😂😂😂 sure fire everyone one else not blk right?
@juanshaftpatel7488
3 жыл бұрын
thats racist
@juicegaming8149
3 жыл бұрын
“Racism was here before I was born, racism will be here after I die”. Paul Mooney 🤪
@jonnawhite1989
3 жыл бұрын
@@maeudaou7347 F A C T S
@m.w.3256
3 жыл бұрын
Stellar reporting from an extraordinary journalist Julian Glover! May his life and career soar, with the protection of Jesus!
@t.9544
3 жыл бұрын
This is horrible, there needs to be something done to change this- this also happens in the workforce. We are lowballed when it comes our salary!
@briodiz4772
3 жыл бұрын
The real america on display
@briodiz4772
3 жыл бұрын
@@jonboll-LGM go back gabb and make pepe the frog Memes
@JanelleSpeaks
3 жыл бұрын
How can a devil not be a devil? What do we expect? It’s 2021.
@sugarbabydollarblc325
3 жыл бұрын
Yeah bro, and they tellin us whte privilege does not exist
@TheAnonymous916
3 жыл бұрын
At the end of the day...all these homes are overinflated.
@michaelmaps2004
3 жыл бұрын
But they should be over inflated for everyone not a single group and if they are to be deflated it should be for everyone as well
@AkosuaFire
3 жыл бұрын
@@michaelmaps2004 thank you
@MrTopparwear
3 жыл бұрын
@K Maxx nobody does, that is why prices go up when it gets cheaper to borrow money.....
@prhphone3259
3 жыл бұрын
This happened to me in Tennessee. I refinanced my home. The appraisal came in more than $120K less than expected. My loan officer refused to accept the appraisal and did not charge me for it. When asked why the appraisal was so low, one of the reasons given was that the original loan was a FHA loan. My loan officer didn't understand why that was a factor and was also curious how the appraiser even knew that information. This type of discrimination is real, and it's literally robbing minorities of real wealth.
@peatyxxjxxx1494
3 жыл бұрын
I can’t find any reason other than straight up racism as to why an appraiser would purposely de value someone’s home.
@dunhammusicgroup
3 жыл бұрын
Lawsuit =. a Class Action Discrimination. I will sign
@kinnyp.2095
3 жыл бұрын
@Gerrylynn Mako Stop talking BS and focus on your fertility issues, aging like milk, and being attacked by the sun. You carry canine dna, that's why you have dog fur growing from your head and smells like sulfur. You have the least female hormone, the most genetic disorders, and the most dried up. Whte birth rates is in the negatives, lol.
@amandapertuset
3 жыл бұрын
I’m confused as to why he as a real estate agent was refinancing with Rocket Mortgage. They are terrible and everyone in the industry knows that.
@joeyork9891
3 жыл бұрын
LoL for reals SMH Always go with credit local union
@jaypaladin-havesmartswilll5508
3 жыл бұрын
It was the racist appraiser unless this a common practice by Rocket Mort to encourage their hired appraiser to discriminate
@scubastevoo8404
3 жыл бұрын
@@jaypaladin-havesmartswilll5508 oh man you can tell how intelligent you are!!!smh
@charlesbaker8798
3 жыл бұрын
Most likely Rocket Mortgage was offering a competitive rate. The potential for trouble stems from the fact that lenders (and mortgage brokers) are forced to use an outside AMC (Appraisal Management Company), a 3rd party with its own profit-motive. Guess what happens - the AMC sends out a blast email to appraisers over a wide area and usually takes the lowest bidder, thus enhancing their own bottom line. It's a vicious cycle that got its start when, in 2009, NY Attorney General Andrew Cuomo (now NY Governor) unilaterally mandated the adoption of the HVCC (Home Valuation Code of Conduct), which forbade loan originators from engaging directly with appraisers. He did this in exchange for not investigating the books of FNMA and FreddieMac. So guess what happened. Lenders adopted the AMC model en masse, and now appraisers only make about 50-60% of the fee billed to the homeowner. The rest goes to the AMC. Rocket Mortgage probably works with several AMC's, each in a "race to the bottom" to get a cheap appraiser to do the job. Which is why I believe this particular case involves sheer incompetence rather than racial bias. Why would any appraiser put their license on the line for absolutely no reason?
@jaypaladin-havesmartswilll5508
3 жыл бұрын
@@charlesbaker8798 Racial prejudice is deeply ingrain in some folks that's why.
@norcalsvt0354
3 жыл бұрын
My brother works for bank of america he's seen first hand black and Hispanic applications get denied with 700+ credit scores and seen horrible under qualified white applications get approved thats car house or business loans
@JJosue-tr3bn
3 жыл бұрын
@** yes but Most Hispanics are treated as "brown," being phenotypically identifiable or via surname or accent so for many of us, racism is real because we are percieved as a racial group irrespective of whether we fit the criteria.
@JJosue-tr3bn
3 жыл бұрын
@** If you wanted to be honest with yourself, you would admit that some black folk are racist and anti Latino too, I know cause I grew up in a 90 percent black community. Yet, you say most of us are racists, when the truth is some Hispanics are racist, and some black folks are racist. "some" is not "most." God bless.
@norcalsvt0354
3 жыл бұрын
@@JJosue-tr3bn true I have family that lived and live in LA and had lots of problems with black people and have a grudge against them but can't say racist against them if that makes sense
@norcalsvt0354
3 жыл бұрын
That's the reason I don't know if you've noticed or have applied for a car loan or some type of loan and they ask for ethnicity type for one of the questions 🤔
@lolacole5653
3 жыл бұрын
Exactly what happened to us. We ended up taking all of our family pics down and left our white friend pics up. What do you know? Our appraisal went up $50,000.
@j.h.6081
3 жыл бұрын
This is so real. I'm a white woman and used to live in Marin County. When I was looking for a place to live, I literally got offered an apartment by some older lady who said "You wouldn't believe who's been looking at this apartment. I'm not a Trump supporter or anything. I'm okay with other ethnicities. I just want everyone here to get along." If that's not an obvious example of someone like me benefiting from white privilege, I don't know what is.
@m.w.3256
3 жыл бұрын
Thank you for admitting your “white privilege”! Now, did you file a report of discriminatory practice by this white landlord? Actions speak louder than words!
@j.h.6081
3 жыл бұрын
I wish I had. When I researched it online, it seemed like I had to be the actual potential tenant or tenant being discriminated against to file a complaint. I should have looked into it more or called someone.
@adoptedartist
3 жыл бұрын
You took an opinion of a current resident and now you believe you have white privilege. Ok
@thomasmulhall4873
3 жыл бұрын
The communist Fair Housing Act forces whites to have to rent THEIR property to undesireables. "I wouldn't buy a house from blacks because of all them colored ghosts." Archie Bunker
@overworkedful
3 жыл бұрын
@@thomasmulhall4873 Troll!!
@Jamaicalandofthefree
3 жыл бұрын
My wife and I have a similar story here in Toronto Canada. We lost over $300,000. In Ontario Canada the governing body to value a property is called MPAC. We contacted them and they told us that Banks, Realtors and Appraiser should not use the information from MPAC to value a property. This is because the information MPAC have is not up to date and is only for the home owner and the municipality. The person who we spoke to, a Supervisor also told us that he is aware that Realtors, Banks and Appraisers uses the information from MPAC to value properties. The appraiser used the MPAC info to under appraise the property. Even though the appraiser saw the ravine with all the trees that took hundreds of years to grow. He decided to verify with MPAC if they have the property as backing unto a ravine. The code that the appraiser got was for a property not backing unto a ravine so that is how he valued the property. When we contacted MPAC the person we spoke to laughed and said, would the appraiser appraise a two storey house as a bungalow just because they got a code for a bungalow?! The ad for the property said beautiful bungalow backing unto a ravine. When we realized that this is not correct we contacted the governing body for realtors RECO. RECO looked on google maps saw the green space and closed the case. When we asked if they contacted MPAC they said no. In the 60s the home owner adjacent to the property that I purchase had the opportunity to purchase the greenspace that is directly behind my backyard and they did. This information was never updated with MPAC and the realtor did not do their due diligence to verify this. It is very hard to not feel discrimanted against when all the governing bodies my wife and I contact sticks up for each other.
@difencrosby
3 жыл бұрын
Check the laws, this reminds me of both the liberals and conservatives agreeing not to pass wage discrimination laws based on race.
@dunhammusicgroup
3 жыл бұрын
Held back and cheated.
@briodiz4772
3 жыл бұрын
This is sharecropping 2.0
@NaturallyNerdeeNicol
3 жыл бұрын
too little too late? nah, give them the rate they would have gotten previously given obvious effort to diminish the value of their home with that ridiculous comp home.
@karendavis3309
3 жыл бұрын
This is wrong on so many levels!!
@yolandamarka1719
3 жыл бұрын
Exactly 😠
@Ms1Diamond1
2 жыл бұрын
My husband and I are going through this right now in Pennsylvania. It's so frustrating.
@fraticelli510
3 жыл бұрын
The appraiser has to have done this plenty of times before........ I wonder how many of those house the appraiser bought or told someone to buy...
@richardbyfield1918
2 жыл бұрын
This is what racism is not name calling , this is how the system works against black peoples advancement.
@muskepticsometimes9133
2 жыл бұрын
Actually not. This story is BS
@dennisstampleycali
3 жыл бұрын
Yes! This is real! Every day this happens!
@chrisrios4303
3 жыл бұрын
Yes it does, white ,black and brown
@m.w.3256
3 жыл бұрын
@@chrisrios4303 not white!!!
@ctrezzy11
3 жыл бұрын
@@chrisrios4303 lol. Still in denial huh?
@chrisrios4303
3 жыл бұрын
@@ctrezzy11 need to stop blaming others for your life failures, stop crying
@wisdomtp2023
3 жыл бұрын
I'm glad someone is speaking about this. I hope more people speak out!
@jasminerenee2062
3 жыл бұрын
The international couple in another state had the same problem, lowballed the house then the wife removed all the family photos and had her white husband be the only one present for the appraisal. It went up almost three hundred thousand dollars more.
@AbuQalam
3 жыл бұрын
This was an thoughtful and well balanced story for which I commend both the reporter and the network! Thank you for helping to expose such a common practice , as well as the profoundly unfair and long lasting consequences, which in the words of the report " last for generations "... amazing work!
@joaquinsoria5749
3 жыл бұрын
I renovate homes in California- I am Black /Mexican American man of color. I had a contractor give me a quote to install 5 doors and frames he tried to rip me off at the Home depot the doors & frames cost no more than $350 ... This clown said installed plus material $2500... I laughed in his face, told him to get the fuck outta here. Went to home depot and did the fuckin work myself !!!!!! TRUST NOBODY IN THIS GAME
@randallr.p.mcmurphy863
3 жыл бұрын
Joaquin, you are correct. Two groups who can and will fuck you. Real Estate and Automotive sales or repairs. Educate yourself or be a victim.,
@Cyberthug2000
3 жыл бұрын
This is real stuff. Happened to me a few years ago. My home was devalued by over 25k. Had 3 local realtors look at the appraisal and comps. Nice neighborhood...very well maintained...great upgrades..I sold the house 45 days later. It was only on the market for 3 days. Sold for 35k more than that fake appraisal...always know your comps. And don't hesitate to get a second opinion...fyi, I live in California.
@Cng215
3 жыл бұрын
But but racism doesn't exist and to those who said it doesn't and is victim mentality hold your own nuts when it comes for you.
@MEGABOINK65
3 жыл бұрын
Even your own race screws you!!
@ririparee
3 жыл бұрын
It’s the WAP pillow in the back for me, alongside Biggie LOL
@cybiltaylor8407
3 жыл бұрын
Who cares? Stop talking about it without putting the person on blast! So we all got to get a white friend? PUT THE APPRAISER ON BLAST!
@grititandgetit
3 жыл бұрын
We still rise and overcome No Matter What and That Is Facts!
@abdulraheem415
3 жыл бұрын
I have two words for this type of racism : Richard rothstein's book call The Color of Law.
@dialmstyle
3 жыл бұрын
What does that appraiser gain from doing this?? Just wrong and hateful.
@melanatedforever
3 жыл бұрын
It never gets old how whyte people have this system so set up for them to thrive well.
@slidejones6033
3 жыл бұрын
Since this is happening all the time, get a white person when you want your home appraised.
@IMissChele9
3 жыл бұрын
You see why that’s not a real solution right?
@Ctwosrer
3 жыл бұрын
slidejones No one should have to do that because of racists people. 🤦🏼♂️
@slidejones6033
3 жыл бұрын
@@IMissChele9 Of course not. I'm just saying people should do that until things change.,
@slidejones6033
3 жыл бұрын
@@Ctwosrer I understand. The system is not fair but until things change for the better, we have to find ways around it.
@angelaschrade5679
3 жыл бұрын
Get a white person to appraise? I thought they did...wherein we get the racist part. I must have missed something.
@imhuemankeepURcolorsforcrayons
3 жыл бұрын
This is sad I have to say this but maybe some Wt person should start a “Rent a White person” because if ish like this is going to keep happening then the allies need to step in!
@astan3164
3 жыл бұрын
Are you suggesting that Black Ppl pay to get fair treatment? When you rent something, it usually comes with a charge.
@AR-pi1wy
3 жыл бұрын
I'm looking for a house and I was told to not buy in black populated neighborhoods because they bring the property value down. Idk why..
@simoniao.carterdtm8989
3 жыл бұрын
So, my loan was denied two days before closing. I have perfect credit, cash for closing and downpayment, no debt except one car payment, and 3 sources of income. Td bank is horrible !!! They could not justify this. I lost the opportunity to gain wealth for my family. I am now homeless... If I had the right color skin , this would not be an issue.
@m.w.3256
3 жыл бұрын
Report it!!!
@LizzyArmogida
3 жыл бұрын
What is TD Bank? I will never use them. What a travesty of justice. I am so sorry for you and your family.
@adoptedartist
3 жыл бұрын
@P J - I was just thinking that, lol.
@overworkedful
3 жыл бұрын
You only looked at 1 finance company? Why r u now homeless with 3 jobs?
@louellarobertson8074
3 жыл бұрын
I believe she means she is displaced...I learned that through therapy when I experienced flooding in my home...Peace and Blessings all...
@John_Q
3 жыл бұрын
Appraisals don't matter. Know your price and refuse any lowball offers.
@mcmonumentalhealthobamacar4263
3 жыл бұрын
Come to Florida my freind west broward, cooper city, Davie Fl, the realtor most likely will leave inside the community him or her goal is to keep those community as white as possible. Sad but true
@RaiRaiBrown
3 жыл бұрын
Wow I'm glad I found this story. My mom just refinanced last year. We noticed that the home values have gone down opposed to when she first bought the home. The neighborhood has Black, White, and Asian neighbors all the homes are big and fancy many buisness professionals live there all $500,000 plus in value. My grandmother who was a real estate agent noticed the value change and questioned it herself. We never thought about it from this angle.
@cirquedumaiquel
3 жыл бұрын
Wow they could have saved thousands if it weren’t for them having to wait over a blatant mistake done on their part!! Sue sue sue
@pililacantos5272
3 жыл бұрын
These appraisers should have their license ripped from them. This is bs that is still allowed to go on. Educate yourselves people before you take anyone’s advice on your investments.
@dedeshikaalabi-mensah9471
3 жыл бұрын
I think that you should also tell us who the third party appraiser company is as well.
@ericnavarre4255
3 жыл бұрын
I’ve said this was going on For years. I am married to a blank woman and when we went to look for a house i went by myself to get a lower price and filled out the loan app online to get a lower interest rate. As soon as we went into the bank in person together they wanted to delay the closing for another week. During that time they started calling with the “the underwriter wants more docs” “they are reviewing your credit again, your rate might go up” When we finally go back to the closing they raised the rate and said we would have to pay points to lower it. None of this happened for the 3 months i was looking on my own. It was done only after the saw us in person and saw she was black.
@AnthonyGarcia-wb8xv
6 ай бұрын
400k in renovations???
@karenlondon725
3 жыл бұрын
This is outrageous and completely unacceptable. The question is what can we do to stop this? We need to stand up! We need to call out on all of these injustices and boycott all these business and shut them down!
@waywardson9548
3 жыл бұрын
Why do they keep saying a half a million dollars? 250,000 is not a half a million.
@natali1856
3 жыл бұрын
1/2 million difference was for the first couple, 250 K difference was for the second couple
@waywardson9548
3 жыл бұрын
@@natali1856 ok, I see now. 🙂
@scottjohnson921
3 жыл бұрын
Appraisers are supposed to only go by comps. They are supposed to follow very strict government rules. They should lose their license.
@Elle9228000
3 жыл бұрын
I bought a house from a white family, the next day their white realtor decrease my homes value by 40% on their website (I wanted to save the online pictures). The very next day, I was so confused and hurt. They charge us premium price when buying and lowball us when selling. I will NEVER conduct business with them again.
@tandt7694
3 жыл бұрын
Can you file a complaint with your state atty general or something?
@Elle9228000
3 жыл бұрын
@@tandt7694 Not sure
@tandt7694
3 жыл бұрын
If you send a letter to your state realty board perhaps the realtor can be forced to explain why he did that. I would cc the local TV stations consumer fraud type reporter.
@theycallmechar3341
3 жыл бұрын
This is wild scary!! But I’ve heard stories like this before including when a black family was trying to sell their house and couldn’t get not one offer!! And their home was in a very popular area in their city...spacious...an awesome single family home...3 bed 2 bath...three other homes in their neighborhood sold in no time!! They took the home off the market for about 7 months...then listed again but removed all photos and some decor items from the home changed a couple of things...and they got an offer within 1 week of listing! Smh...
@wanaraz
3 жыл бұрын
And what's the intelligent conclusion from that?
@yoofaceee514
3 жыл бұрын
It’s crazy how they don’t wanna see Hispanic or blk ppl make it makes them grind there teeth under there smile
@lila2cute337
3 жыл бұрын
They need to stop playing nice and post the appraisers name/info! Knowledge is power! Exposes these racist people already!!!!
@swisschoco25
3 жыл бұрын
The appraiser needs to be fired. I am sure that this is NOT the first time that the appraiser has lowballed someone's home based on their race.
@loriannrichardson7644
3 жыл бұрын
Lesson: until things change, always have a white friend show the home for the appraisal.
@saritamoorebansa4485
3 жыл бұрын
Agreed!!!! Sorry to agree ... it is the truth. Stop putting your race on mortgage documents. Why should race matter when buying a home. Your income, assets and liabilities only matter.
@missgreene2504
3 жыл бұрын
Thank you Julian Glover and ABC7 for sharing this story!!!!!
@problactive285
3 жыл бұрын
THIS is Why Black people need to be DEMANDING Reparations. It's not about slavery it's about ongoing economic discrimination on a federal and state level and it's systematic and systemic.
@Beware3635
3 жыл бұрын
I'm sorry but this is just so wrong on so many different levels
@businesschannel8168
3 жыл бұрын
Good ole redlining is real
@cmpremlap
3 жыл бұрын
That’s despicable. So sad, they just can’t be seen as the beautiful couple that they are.
@jimmeymcgee2840
3 жыл бұрын
Should be able to sue the pants off that appraisal company.
@jayjohn9680
3 жыл бұрын
I bet she used that’expert voice’ while giving that estimate and would firmly contest she was doing them wrong... firmly
@Joser167
3 жыл бұрын
Always get a second and a third opinion from different places. It's nothing new that they want to low-ball you for what you have and flip it into the millions.
@jazzyjones6375
3 жыл бұрын
Key bank approved my application over the phone, they ran my credit did the background check and accepted my 500.00 check. When I went down to sign papers I suddenly did not qualify. That was 2004 and I did not have the focus or knowledge to go after them as I would today. However , when the woman said their might be an issue with getting my check back I stood up in all my 6’5” Black Glory and Golden radio voice and told her, you will be giving me my check back before I leave or you have every Clevland tv station outside of your building. This is what was going on in my mind at the time; I can’t make you loan me money but you damm sure not going to keep mine.
@thepr3tty116
3 жыл бұрын
GOD SEES ALL. I'M PRAYING EVERY MOVE I MAKE THAT JESUS ANGEL'S ARE ALWAYS ASSISTING ME. PRAY PEOPLE PRAY!! IT CHANGES THING'S 🙏
@isaiahmoore7664
3 жыл бұрын
All black people get a real estate license
@DoubtingThomas333
3 жыл бұрын
This is stupid. Just put your property to auction. set a high reserve, double what any appraisor might say, then decide on the day whether you'll sell it for whatever price is being offered by registered bidders. Or for sale by owner... For sale by negotiation .. Appraisors don't really know the value. Ask your bank to value your property, they're more reliable anyway.
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