The couple says a separate appraisal, done after “whitewashing” the place by removing family photos and having a white colleague stand in for them, pegged the home’s value higher by $278,000.
The couple had bought their four-bedroom home in 2017 for $450,000 and had made several upgrades to it. They remodeled their club room for $35,000, for example. They also invested in a tankless water heater, recessed lighting and other improvements that the family’s lawyers say raised the value of the home.
But the appraiser from 20/20 Valuations, who was hired by loanDepot, said the home was worth only $472,000, according to the complaint. That pushed loanDepot to call to say it would not extend the loan, according to the complaint. After that, the home appraised for $750,000, or 59% more than the appraisal from less than seven months earlier.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Black Hole Mysteries SolvedRecent theoretical and observational results have revealed new secrets about these shadowy objects, with deep implications for more than just black holes themselves
Weiterlesen »
How Physicists Cracked a Black Hole ParadoxQuantum entanglement and spacetime wormholes helped to solve a long-standing quandary
Weiterlesen »
Pat Shand on Gangster Ass Barista in Black Mask November 2022 SolicitsPat Shand and Renzo Rodriguez launch their new series Gangster Ass Barista in the new Black Mask November 2022 solicits and solicitations. Pat tells
Weiterlesen »
Ohio State Freshman Defensive End Kenyatta Jackson Loses Black StripeKenyatta Jackson follows Kyion Grayes and Dallan Hayden as the third Ohio State freshman to shed his black stripe and 'officially' become a Buckeye on Saturday.
Weiterlesen »
Three Black Spanish podcasters find humor as they deal with prejudice and stereotypesThese 3 comedians are taking on the lack of Black representation in Spanish media with a podcast that borrows a quip from Dave Chapelle: No hay negros en el Tíbet — 'There are no Black people in Tibet.'
Weiterlesen »
UK has electric car charging ‘black holes’, warns AA | AutocarUK has electric car charging ‘black holes’, warns the AA, as 40% of households could be left behind in the transition to EVs
Weiterlesen »