Posted in home

Couple says they faced discrimination in home appraisal because of wife’s race

This report is part of “Turning Point,” a groundbreaking series by ABC News examining the racial reckoning sweeping the United States and exploring whether it can lead to lasting reconciliation.



a person standing in front of a building: Abena and Alex Horton requested an appraisal of their Jacksonville, Florida, home.


© ABC News
Abena and Alex Horton requested an appraisal of their Jacksonville, Florida, home.

Abena Horton and her husband, Alex Horton, recently did what many homeowners do every day: They requested an appraisal to refinance their Jacksonville, Florida, home.

On the day of the appointment, Abena Horton was there to greet the appraiser who would go over their family’s four-bedroom, four-bathroom ranch style home.

But when the Hortons got the appraisal back, they thought the price was shockingly low.

“It clicked in my mind almost immediately that I understand what the issue was here,” Abena Horton said.

Watch the full story on “Nightline” tonight at 12 a.m. ET on ABC

Abena Horton, an attorney, is Black. Her husband,

Read More
Continue Reading Couple says they faced discrimination in home appraisal because of wife’s race
Posted in home improvement loans

How Sellers Can Prepare for the Home Appraisal

Amanda Oboza, Greater Lansing Association of REALTORS®
Published 11:16 a.m. ET Sept. 24, 2020

CLOSE

No matter if you’re selling your home or refinancing your mortgage, a key step in the transaction is the real estate appraisal. This is a critical part of the process because it gives potential buyers and lenders a clear picture of your home’s worth.

With so much riding on the outcome of the appraisal, sellers often wonder if there is anything they can do to prepare. Here are just a few steps you can take to help things run as smoothly as possible.

Make safety a priority

The real estate industry is full steam ahead, but COVID-19 is still a concern, and that means the health and safety

Read More
Continue Reading How Sellers Can Prepare for the Home Appraisal