Black Buyers Twice As Likely To Be Denied Mortgages Due To Low Appraisals
Appraisers also seemed to value homes higher if the applicant matched the neighborhood's racial makeup, Illinois Realtors study finds.
Source: inman.com
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Appraisers also seemed to value homes higher if the applicant matched the neighborhood's racial makeup, Illinois Realtors study finds.
One could ask the question: how did the financial system got us into such a mess? First one has to look at the value of anything and nothing… On average: