Maryland Homeowner Talks Redlining Practices in Prince George County 

@@djsimma8617 if it doesn’t appraise for the price they want to sell it for, no lender will pay over what it’s appraised for. That would only work if a buyer is paying cash and they don’t care about the appraised value.

As an appraiser doing inaccurate appraisals will eventually dry up your business. People think its discrimination but its expertise. Lenders and especially AMCs want the cheapest person they can find and wonder why they get sloppy work. If the lender gets an appraiser and you don't agree, hire an independent appraiser to challenge but most scoff at the $500-600 fee. Even though it could save them Hundreds of thousands. Appraising follows any profession, hire a cheap surgeon get a questionable result

It doesn’t change the fact she looks Asian. If black ppl are the original people of this earth then they’re the least evolved since they don’t look much different than they did 100 thousand years ago. It would be wiser to say we’re all humans and belong to the same tribe.

I SAY THIS ALL THE TIME WE CREATED ALL

The public schools aren’t ranked as well which affect home values.

@@justcallmebon2684 -- That's so true the public schools have come way down in ranking. Montgomery County has a much better school ranking. But I think Anne Arundel is the best in the State -- if I'm not mistaken.

That’s crazy because both PG & Moco both border DC so both are actually just as close. PG has higher crime and a worse school system. Also, Moco has more high paying jobs based there. Most people in PG that have high paying jobs all have to commute to Moco, DC, or VA every day to go to work. All that factors in to home values.

@@lvmsoundwave2923 - That's true as well. A lot of people that I knew growing up that lived in PG have moved to Charles County -- specifically the Waldorf area.

@@djsimma8617 it is true that a predominantly minority neighborhood will have cheaper home values than a predominantly white neighborhood/city/town. No matter how nice the neighborhood is. The fact is most homeowners do factor that in when buying a home (school systems). Honestly, in my opinion the houses in PG are currently overpriced, but the whole DMV area is way overpriced in general. PG really needs to work on the school system & getting more companies/organizations to have offices in PG county. That would make it more desirable to the masses.

EXACTLY!!! It's sad we have to do this but it is what it is!

You don't get to choose who the bank send to appraise the house.

Why should your white friend help and lie on your behalf. They won't whites are very loyal to each other they won't help a total stranger get a proper appraisal

L.Jones I agree with ur second choice, do business with those that respect you, exchange $$$ among US at least 7-8 BEFORE LEAVING OUR COMMUNTIES.

@@76shian Funny because that exactly what black home owners are doing. Having their white friends show their house to an appraiser. Maybe go through a black realtor or bank.

The school system in PG is ultimately what is keeping my husband and I from buying in PG. it was upsetting because we were looking forward to moving to the county but after a lot of research it didn’t make sense to do so.

It is absolutely 100% about the quality of the schools....that one factor alone drives the issue of lower home prices in the county.....I know because I live in Prince Georges

@@josephcummings2892 She is complaining because she built some house that is most likely an overimprovement for the area and the appraiser is the messenger.

She Blasian

They're both fine, but the one in the yellow to me is 10/10, the other one is a respectable 8/10. Lawd have mercy!

She complained because she built a house that is probably an overimprovement for the area, its a shoot the messenger complaint.

Nee’?

BUILD Black Wallstreet again and we won't have this problem.

I agree with your comments. I think this story is meant to build on this current trend. However, this particular piece of reporting more substantiation.

This has been done countless times all over the United States. The Atlanta Journal-Constitution ran a 5-day piece back in the 1980s talking about this in Atlanta. To act like this needs more verification is beyond stupid at this point. We KNOW these things are going on and have been for decades.

I don't think people like will ever hear "facts" that fit within your narrow view of the subject matter. Redlining is real. Eminent domain is real. These tools are being used in a way that hampers generation wealth for blacks and others.

@@TheMightymo05 STFU with that weak ass presumptive BS. Redlining WAS real. Eminent domain IS real. But BOTH are well defined and EASY to spot. People like you just want to avoid meeting any objective criteria because you’d rather have people rally behind you over some emotionally-driven anecdote. Grow up. This could’ve been a simple segment. She could’ve had a White friend stand in during the appraisal. If the value went up, BOOM, supporting evidence. She could’ve pointed to comparable homes in the same county that are owned by White people that were appraised at a significantly higher value. BOOM, supporting evidence. But you don’t want those kinds of support, do you? You’d rather cry Wolf and then act outraged when people stop responding to you, huh? Like I said, grow up.

They deserve to have their home (or homes) fairly appraised. Anything less IS oppressive.

@@fromnytomd You pay $2M to build a house around 600-800k houses and it might not resell for that much...

🤣🤣🤣🤣

I'm sure she knows its going to happen because its an overimprovement for the area and not worth what she wants it to be worth.

There isn't enough black wealth for black banking to work. Black banks ultimately will have to rely on white bank reserves, and they will not play nice. So that's not the answer.

The problem is that under appraisals are more common with Black people. Saying they’re common, without taking a deeper dive, is a superficial way to analyze the data. Hopefully, it’s not intentional.

You can't force people to want to buy your house for how much you paid for it.

Thank you

@Amine Williams Grow up. Appraisals are about NUMBERS. Simple. So the numbers need to be legit and they need to support the narrative that’s being spun. If they don’t, then it undermines credibility. So, we you call out something like racism, which can be more subjective, no one believes you. The Boy Who Cried Wolf was supposed to teach you that as a child. Weren’t you paying attention?

Yes, its all in your head.

@Amine Williams this is not Redlining! Stop making everything racial!

Why the n word slur? It is inappropriate to use that against a group of people.

@@yvocinfo3381 It's used as sign of disrespect for those black people who side with whites against their own and deny such practices because of fear and self loathing. I have no respect for such people, and if it were up to me I'd go much further than just a slur against such people.

WHoa there, lets keep away from having an intellectual discussion.

boohoo she spent money to build an overimproved house for the area and wants to force others to value it the same as she does.

When so many of us including my cousin, get huge inexplicable increases in their home values, in her case $500,000 more on her third appraisal with her wt friend posing as the homeowner, you officially live in a RACIST wt supemacist country. She sued, like so many of us have been doing. These companies are actually apologizing, you don't apologize if you're not at FAULT 🙄 Black people who live in Rome like me, would NEVER be given a different price for their property simply because they're Black. Your country is grotesque, and colluding with your oppressors is a self loathing CULTURE of the CONQUERED, created on PLANTATIONS by sick SOCIOPATHiC miscreants exploiting your labor. Africans are not a weak people. I see that because here in Rome the Black community is AFRICAN with NO psychological CULTURE from a PLANTATION. Something about SLAVERY turned strong self respecting Africans into sychophants for their WEAK devious oppressors. Watçhing this psychosis of collusion with oppression from abroad, in a country where NONE of this is my reality, is fascinating.and sad. Im not even angry at you, I pity you and those like you, you're lost and broken in ways you will NEVER understand. You're mind is STILL geared towards helping those who have NO respect for you. It's quite sad.

@@lf1496 You just read headlines and do no independent investigation, huh? 😂 This has nothing to do with Rome sweetie

@@lf1496 don’t Africans bleach their skin so they look like white ppl? Lol

Just because something happens to White people doesn’t mean racism isn’t at play. It’s chess, not checkers...so sacrificing pawns is part of the game. The smart move is to compare the rates of under appraisals by race. If they’re the same, THEN you can say you have support for the claim that racism isn’t at play. But “I know White people that...” doesn’t cut it. And I’m not sure where you’re going with the “banks can only assume so much risk” thing. Are banks not processing applications correctly and making sure that the applicants can afford the new, LOWER monthly payment? That they have a reliable source of income? A good payment history? I don’t want to shock you, but BANKS LIE! They’re using rhetoric that sounds reasonable on its face to justify robbing people. So, again, play chess and scratch beneath the surface. Their “risk mitigation” claim doesn’t hold water the way you made it seem like it does. That being said, I do agree about this coverage. I kept waiting for the evidence that something nefarious was going on and it never came. Hopefully, the coverage will get better over time. If they read the comments, it should because we aren’t the only ones that felt this way about the coverage.

It's a sellers market idiot.

I don't want to loan people money who are not going to pay it back. Banks got hit big in 2008. They don't want a do over.

@@williamwade4980 Right. You shine a spotlight on one single aspect of the issue then of course your perspective is mostly uninformed and skewed.

Yes. Everything is racist... every single thing in Amerikkka is racist.

@@donnachatham1335 I bet a white man signs the front of your paychecks. Be grateful.

What in America is not racist it was built on it

The community she’s in is definitely not crappy. Very affluent. Problem is blacks have a reputation and we have to change it in order for people to desire our communities

@@freeindeed8416 It’s not about our reputation. Be serious. Even the most educated and refined Black people are subject to racism. You’ll live your life walking on egg shells, if you try to convince people not to mistreat you. Because, no matter how long you keep up the act, THE SECOND YOU SLIP UP, they say, “See, I knew it.” So, it’s not about us. It’s about what lives inside of them.

BANKS GOT BAILED OUT, DESPITE ENGAGING IN PREDATORY LENDING, DURING OBAMA! So boo f***ing hoo...they took a temporary hit. That’s not an excuse for them to do what they’re doing now.

@@RaffineDebauche That’s not my experience whatsoever. It’s very unfortunate that we’ve adopted the idea that anything that goes with us is someone else’s fault. I look at black neighborhoods and I see the reasons people don’t value our communities as highly. I’m actually about to go and pick up trash right now. You think our schools are bad because of the teachers? Really? How much are we as a whole stressing education? That’s why the schools are bad. Sometimes we are a major part of our own problems

@@RaffineDebauche What a paranoid racist. If America is so bad why are you still here? We all know why. Hypocrisy runs deep with your types.