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Started By
Message
Jax couple sees home appraisal jump by 40% after they remove all traces of "blackness"
Posted on 8/27/20 at 8:19 am
Posted on 8/27/20 at 8:19 am
quote:
JACKSONVILLE, Fla. — An Ortega couple whose home appraisal came in more than $100,000 below expectations tried an experiment. According to a Facebook post and a story in Tuesday’s New York Times, Abena and Alex Horton sought a second appraisal -- but first, they redecorated their house.
According to Abena Horton's post, "we took down all family pictures containing Black relatives. We took down all pictures of African-American greats that we display to inspire our son. Zora Neale Hurston and Toni Morrison came down from the bookshelves; Shakespeare went up. My son and I took a convenient shopping trip during the appraisal, leaving my white male husband to show the appraiser around, alone."
The second appraisal jumped by 40 percent – going from the initial $330,000 to $465,000
“My heart kind of broke,” Ms. Horton told the Times. “I know what the issue was. And I knew what we needed to do to fix it, because in the Black community, it’s just common knowledge that you take your pictures down when you’re selling the house
LINK
Thoughts?
86
Posted on 8/27/20 at 8:20 am to BeepNode
They done love us 
Posted on 8/27/20 at 8:20 am to BeepNode
Appraisals vary wildly, order another one and it will be totally different
Posted on 8/27/20 at 8:21 am to BeepNode
They have poor taste?
Posted on 8/27/20 at 8:21 am to BeepNode
quote:
Thoughts?
A $135,000 jump is pretty sketchy. I'd be curious to know what the low appraisers other appraisals look like.
Posted on 8/27/20 at 8:21 am to BeepNode
quote:
leaving my white male husband to show the appraiser around, alone."
Did this stick out to anyone else?
Posted on 8/27/20 at 8:21 am to BeepNode
Not that it really matters, but everyone knows to make your house as generic as possible.
Posted on 8/27/20 at 8:22 am to BeepNode
Home appraisals are 90% square footage & location.
Nobody gives a shite about furnishings.
Nobody gives a shite about furnishings.
Posted on 8/27/20 at 8:22 am to BeepNode
These people lie in bed at night and think of Ways to make America sound racist. Those are my thoughts.
Posted on 8/27/20 at 8:22 am to BeepNode
quote:
“My heart kind of broke,”
Appraised 40% higher, I would've been dancing in the street...
Yeah the story sounds like total BS... I guess the comparisons they used changed as well...
This post was edited on 8/27/20 at 8:25 am
Posted on 8/27/20 at 8:22 am to BeepNode
quote:
Thoughts?
I don't believe you.
Two of my best friends are real estates appraisers. No way this happened.
Posted on 8/27/20 at 8:22 am to BeepNode
I’m going to need a copy of both reports before believing this. Did the first report use bad comps for their house? Did the couple bring up the poor comps? Something about this story doesn’t seem plausible.
Posted on 8/27/20 at 8:22 am to BeepNode
quote:
going from the initial $330,000 to $465,000
quote:
My heart kind of broke,”
I'd have let the appraiser piss on my head for 135K
Posted on 8/27/20 at 8:22 am to BeepNode
Posted on 8/27/20 at 8:23 am to BeepNode
Posted on 8/27/20 at 8:23 am to BeepNode
quote:
Thoughts?
They don’t know how appraisals work. And they are looking for another way to be a victim and garner attention.
Posted on 8/27/20 at 8:24 am to BeepNode
Appraisers can wildly vary on a house depending on what they use as comps and how they count certain areas.
An extra room is only worth X while an additional bedroom is worth 4X. Etc.
If they want to blame blackness for the appraisal, then the problem may be that the appraiser was assuming that the area is heavily black and would be having reduced interest as a result.
A house in Capitol Heights which is the same layout and dimensions as one in NBR will be worth far more because people are trying to buy in Capitol Heights while they are trying to escape NBR.
An extra room is only worth X while an additional bedroom is worth 4X. Etc.
If they want to blame blackness for the appraisal, then the problem may be that the appraiser was assuming that the area is heavily black and would be having reduced interest as a result.
A house in Capitol Heights which is the same layout and dimensions as one in NBR will be worth far more because people are trying to buy in Capitol Heights while they are trying to escape NBR.
Posted on 8/27/20 at 8:24 am to BeepNode
I wonder if their car has large rims. Large rims on cars is horrible for home values.
Posted on 8/27/20 at 8:25 am to sleepytime
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