Page 461 - Evaluation News Today

Low ball valuation from an amazing, who happened to be a white woman, had something to do with their race, or location. the city has a sizal african american population. >> she considered us living in marin city and devalued our home based off of that. >> reporter: so they decided to put their suspicions to a test. they requested another appraisal, and got a female friend, who was white, to come to the house to meet the appraiser to make it look like this was her house. >> i contacted her and i ...

Us. >> even my hair products, i put them away so that someone would be tipped off by them. >> reporter: a different appraiser, also a white woman, who visited the house in february of 2020, came back with a valuation of more than $1,482,500. an appraisal 49% higher than the previous one. in dollars, thats a $487,500 difference between two appraisals that came about three weeks apart. in federal court, the austins have sued the appraiser, jeanette miller, who gave them the lower estimate. miller ...

Products, i put them away. so that someone would be tipped off by them. >> reporter: a different appraiser, also a white woman according to the austins, who visited the house in february of 2020, came back with a valuation of more than $1,482,500, an appraisal 49% higher than the previous one. in dollars thats a $487,500 difference between two appraisals that came about three weeks apart. in federal court the austins have sued the appraiser, jeanette miller, who gave them the lower estimate, all...

Payoffs for bystanders, the sky is the limit in terms of what we ask for in a lawsuit, but what we recover is based on valuation, and proof in a court of law. >> i also want to ask you about the jussie smollett trial as we await a verdict. jury began deliberations yesterday, no verdict yet. what does that tell you? >> you know, in every case, were on pins and needles, i expected a swift verdict in this case, and pretty soon swift is no longer going to be swift. but its hard to tell. we dont know...

>> reporter: and their work paid off, or so they thought. according to court documents the austins added a deck, a gas fireplace, and additional living space. in january of 2020 with the buildout almost finished they decided to refinance and take some cash out of the property. they got an appraisal. >> it was right before covid hit. so the rates were extremely low. so we were trying to refinance to take advantage of the low rates. >> reporter: and to their surprise the appraiser wrote in her rep...

Have another -- our appraisal came in low. we have a new appraiser coming. can you come and be me. >> reporter: but thats not all they did. they removed any evidence that black people even lived there, a process called whitewashing. >> we took down everything that this home belonged to us. >> or to an african american family. >> art, pictures. >> even my hair products, i put them away so that someone wouldnt be tipped off by them. >> reporter: a different appraiser, also a white woman who visite...

>> we were sick, sick to our stomachs. we were upset, angered. >> i was disappointed because, one, i knew the house was worth more than that. secondly, we needed the house to appraise for a certain amount in order for us to be able to pull out the capital in it. and when it didnt come in at that, it was devastating. >> reporter: they suspected that the seeming low-ball evaluation from an appraiser who happened to be a white woman, may have had something to do with their race or their location, o...

Lawsuit, there arent any. and it had two purposes, i think it has met those purposes, one is to delay. we have another lawsuit, another litigation to get through, and two it to try to really ward off this criminal contempt that apparently the committee is going to vote on, and it will go over to doj, it makes it even harder, i think, for doj to bring that criminal case against mark meadows, that also, i think, was a purpose of this lawsuit to show that he is still trying to sort out what privile...

The Pakistani rupee has depreciated 30.5 per cent against the US dollar in the last three years and four months under the current government of Pakistan Prime M

According to reports, the value of the Pakistani rupee has fallen from Rs 123 against the USD in August 2018 to Rs 177 against the USD in December 2021. This makes it one of the highest devaluations of the currency in the country's history.