Dirty Salami Smelling cacs
S.F. Black Family's Home Appraised at 989k. SAME HOUSE cac OWNED 1.48 MILLION
- Thread starter An RnB Thug
- Start date
That excuse about student loans is bullshit white people have deeper student loan issues than black people. This goes back to what I said along time ago about white people and money...most white people are in the same boat as black people but they have easy access to credit and loans.
Yay area
She has a point
My house got lowballed by about $100k too.
I had this old ass CAC appraise my house for the exact same amount it was a year prior before I installed solar panels on the roof.
I'm going to get it appraised later this year to include the solar panel addition by someone else, now Zillow got me at $300k when I bought the home for $160k
Come up
Yes and no
Let's add to the fact that thr "poor countries" for the most part have no unemployment benefits, section 8 or welfare. Sink or swim is the order of the day.
Take that away and many many more people would be living in a "shit hole" existence in the so called first world countries
Yeah but we are talking about the wealrh of NATIONS not individuals. That credit system shit is a benefit/side effect of wealth. Car dealerships in Uganda can't eat the loss of a vehicle not being fully paid for at the time of sale and risk a loan defaulting that they financed. also we have more poor but they have more impoverished per capita.
I can elaborate much further. Just keeping it a buck fitty.
Is it truly wealthy nations or just the illusion of it? In the same way credit can make an individual feel wealthy, so too is a mighty nation that's saddled with debt, but with a license to print more money and loans that will never be satisfied
I won't have the time to get into it tonight, but I welcome your opinions and will check back in later
Well.. take away that welfare.. section 8.. unemployment benefits and the credit system and you will get a first hand look of what impoverished looks like
The premise is a bit off and that is by design (not your fault its the way they program us to believe). No one can print "money" and we all use "credit" in the form of currency. You know, the thing whose value is not fixed. ForEx's "lifes' blood" is in the frailty of currency. Inflation is a thing. Land is money. Goods are money. Services rendered (energetic output) are what constitute money. The "wealth" is in the control of these assets. I'd like to begin there.
Sis would have a good point if she moved back to Uganda. You can’t make that point while still living in Sweden.
This.
I am a Over The Road truck driver and it amazes me when I drive around the country seeing white folks living in these large ranch homes with RV’s, Motorcycles, off-road vehicles, boats and other shit in their driveways and properties.
How they are purchasing/leasing all that junk shows they are basically given that shit. And they work the same jobs as Blacks making the same income.
That famous SNL skit with Eddie Murphy pretending to be white and going to the bank and the bank manager just handing him money had a lot of truth to it.
That story is interesting with the part of them getting it re-appraised.
They got their white friend to pretend to be “Tenisha” as the home owner to get a accurate appraisal.
They got their white friend to pretend to be “Tenisha” as the home owner to get a accurate appraisal.
It has been proven time and time again.
Damn, the appraisal game seem like it's getting to 1999 -2005 type levels. The racism just shows how cool they are will flipping numbers around and basically creating money. Asian probably would have to a $1.8 million appraisal. 
Lesson learned.
Lesson learned.
I'm shocked.
Asian probably would have to a $1.8 million appraisal.
Asians have their own people appraising their properties.
They got their own banks/credit unions, real estate offices and other businesses they rely on.
They ain’t dependent on White folks, unlike Blacks.
Even poor Asians got the hook up within their communities.
I had this old ass CAC appraise my house for the exact same amount it was a year prior before I installed solar panels on the roof.
I'm going to get it appraised later this year to include the solar panel addition by someone else, now Zillow got me at $300k when I bought the home for $160k
Come up
When you move are you taking the solar panels with you?
This is widespread throughout the USA.
This is the second video I've seen in the last four months about this type of discrimination. However, the companies were not mentioned.
This is the second video I've seen in the last four months about this type of discrimination. However, the companies were not mentioned.
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Huh? Then elaborate further. The lady said there is no system of credit.
Why not? Sweden may be a house of cards like the US. America doesn't even own its currency. Those bills are supported on the backs of its slaves called citizens.
This is true because white people would have did them the same way hell they have done them the same way in the past
Ny Magee
Mon, February 15, 2021, 11:05 AM
After an appraiser and the Austins’ white-woman pal met at their house, its value went up by a whopping $493,000.
Black Americans continue to face discrimination when it comes to building wealth through homeownership.
One Bay Area couple is speaking out about the challenges with their home in an area where it is tough for Black residents to start the process of obtaining property.
After Paul Austin and his wife, Tenisha Tate Austin (above), had their Marin City home appraised with a white-woman friend pretending to own it, its value increased by nearly 50 percent. (ABC7)
- ADVERTISEMENT -
Paul Austin and his wife, Tenisha Tate Austin, of Marin City purchased their first home off-market from another Black family in 2016. After moving in, they made $400,000 in renovations to the house, which was originally built in the 1960s. The couple reportedly added another 1,000 square feet of space with an entire floor. They also built a deck, new floors, a fireplace and added new appliances, per ABC7.
However, once they had the home appraised, they believe it was undervalued due to their race.
“I read the appraisal,” Tate Austin told ABC7. “I looked at the number I was like, ‘This is unbelievable.'”
Their appraiser was an older white woman who reportedly used coded language like “Marin City is a distinct area” in her estimate. The home appraised for $989,000, which the Austins claim is $100K more than what they had it appraised for prior to the hundreds of thousands in major renovations they made.
After months of complaining to their lender about what Austin described as “a slap in the face,” he and his wife were approved for a second appraisal. This time, they turned to a white friend for help with the process.
“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.”
After the appraiser and the Austins’ white-woman co-conspirator had their meet-up moment at the house, the value of the home increased by nearly 50%. According to the report, it was then appraised for $1,482,000 — a whopping $493,000 more.
Theirs is yet another example of the racism that Black people face with the housing market in the United States, the Austins claim.
“There are implications to our ability to create generational wealth or passing things on if our houses appraise for 50 percent less” than their value, said Tate Austin.
Experts in realty don’t disagree. “We know discrimination is in nearly every aspect of that home buying process,” said Jessica Lautz, National Association of Realtors’ vice president of demographics and behavioral insights. “We need to be addressing it as an industry.”
According to real estate brokerage firm Redfin, only 44% of Black Americans owned their home in 2020, compared to 74% of white Americans.
In its brief time in office, the administration of President Joe Biden has proposed plans and tax cuts that aim to increase homeownership in the Black community.
Mon, February 15, 2021, 11:05 AM
After an appraiser and the Austins’ white-woman pal met at their house, its value went up by a whopping $493,000.
Black Americans continue to face discrimination when it comes to building wealth through homeownership.
One Bay Area couple is speaking out about the challenges with their home in an area where it is tough for Black residents to start the process of obtaining property.
After Paul Austin and his wife, Tenisha Tate Austin (above), had their Marin City home appraised with a white-woman friend pretending to own it, its value increased by nearly 50 percent. (ABC7)
- ADVERTISEMENT -
Paul Austin and his wife, Tenisha Tate Austin, of Marin City purchased their first home off-market from another Black family in 2016. After moving in, they made $400,000 in renovations to the house, which was originally built in the 1960s. The couple reportedly added another 1,000 square feet of space with an entire floor. They also built a deck, new floors, a fireplace and added new appliances, per ABC7.
However, once they had the home appraised, they believe it was undervalued due to their race.
“I read the appraisal,” Tate Austin told ABC7. “I looked at the number I was like, ‘This is unbelievable.'”
Their appraiser was an older white woman who reportedly used coded language like “Marin City is a distinct area” in her estimate. The home appraised for $989,000, which the Austins claim is $100K more than what they had it appraised for prior to the hundreds of thousands in major renovations they made.
After months of complaining to their lender about what Austin described as “a slap in the face,” he and his wife were approved for a second appraisal. This time, they turned to a white friend for help with the process.
“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.”
After the appraiser and the Austins’ white-woman co-conspirator had their meet-up moment at the house, the value of the home increased by nearly 50%. According to the report, it was then appraised for $1,482,000 — a whopping $493,000 more.
Theirs is yet another example of the racism that Black people face with the housing market in the United States, the Austins claim.
“There are implications to our ability to create generational wealth or passing things on if our houses appraise for 50 percent less” than their value, said Tate Austin.
Experts in realty don’t disagree. “We know discrimination is in nearly every aspect of that home buying process,” said Jessica Lautz, National Association of Realtors’ vice president of demographics and behavioral insights. “We need to be addressing it as an industry.”
According to real estate brokerage firm Redfin, only 44% of Black Americans owned their home in 2020, compared to 74% of white Americans.
In its brief time in office, the administration of President Joe Biden has proposed plans and tax cuts that aim to increase homeownership in the Black community.
The writer of the article should have provided the name of the company that did the first appraisal.