Black couple settle lawsuit as home value at $500k below real price

[Fernando]

This is a highly publicized case and I would think E&O would defend the Millers staunchly. The verdict of this case would have repercussions for future lawsuits.
For whatever reasons, the case was settled and we can only speculate.

 

[Surf Cat]

I am very familiar with the law firm. The terms of the settlement aren't even available. How much if any does Miller have to pay? Miller had to approve the settlement, so your statement is actually saying Miller folded like a tent. Miller was the defendant, not the law firm.

From what I've read, the case is over, Miller lost. That means, the law firm representing her "lost".

* Appraiser must pay undisclosed amount.

* Appraiser must not discriminate in the future. I see this as an admission of guilt. You see otherwise.

*Appraiser must take bias training. I see this as they must have found something within Miller's report that was perceived as racist. Why didn't this Law Firm that you think is so good, point that out and still take the case?

*Appraiser must watch the "Lowballed" documentary.
Here...take a gander at the preview. Don't forget to turn up the speakers for the dramatic music in the background.

Our government is behind the narrative. No appraiser is going to win against the systematic bias that is against the appraisal industry right now.

 

[TJSum]

Sorry if I missed it if in a prior post, but was the defending lawyer appointed by the E & O company or chosen by the Appraiser? If chosen by E & O, which company was it?

 

[Fernando]

And also does anyone knows the Austin's address house. I'll be in Sausalito later this month and maybe I'll drive by it.

 

[Zoe]

Read Mary Cummins update on the case:

Mary Cummins, Real Estate Appraiser, Real Estate Appraisal, Los Angeles, California, Mary Cummins.

Mary Cummins is a real estate appraiser in Los Angeles, California. Mary Cummins, Animal Advocates, real estate.

mary--cummins.blogspot.com

"UPDATE: 03/10/23 I was just told in the TMZ interview that the Austins lied. They said the appraiser didn't use comps from their neighborhood but a different neighborhood.The appraiser used comps in their same neighborhood which is what the Austins didn't want. In the lawsuit the Austins stated they lived in a "black" neighborhood with lower home values.They stated they wanted the appraiser to use comps from the "higher priced" "white neighborhood" only. The Austins did not want the appraiser to use comps in their same neighborhood. Then the Austins cited Andre Perry's fake paper as if it were fact. I'll post more later.

Just saw the TMZ short video clip. It's not the full interview. I will only comment below on that short clip linked here.

Tenisha said "appraisers are on notice that if they continue to behave this way that there could be repercussions. Obviously people don't want to be sued."

This sounds like a threat to all appraisers in the US to me, white, black and brown. You will be sued if you appraise a home for market value and according to the law. If you don't give the borrow the value they want, they will sue the hell out of you with the help of deep pocketed private "fair housing" groups. This is undo pressure on appraisers. This is against the law. If any borrower said this or hinted this to an appraiser, the appraiser must notify the AMC, Lender and stop all the work. If the appraiser hears this after they did the work, they must notify and the borrower will be denied any home loan. ..."

This was her attorney: https://www.wilsonelser.com/attorneys/peter_c_catalanotti

Another fine reason for HUD and CFPB to do their own appraisal fee panels.

 

[OSU Beavers]

20 Pacheco St, Sausalito, CA 94965 | Zillow

20 Pacheco St, Sausalito CA, is a Single Family home that contains 1720 sq ft and was built in 1963.It contains 4 bedrooms and 2 bathrooms.This home last sold for $550,000 in December 2016. The Zestimate for this Single Family is $1,498,000, which has increased by $149,225 in the last 30...

www.zillow.com

 

[shrubberyvaluation]

Read Mary Cummins update on the case:

Mary Cummins, Real Estate Appraiser, Real Estate Appraisal, Los Angeles, California, Mary Cummins.

Mary Cummins is a real estate appraiser in Los Angeles, California. Mary Cummins, Animal Advocates, real estate.

mary--cummins.blogspot.com

"UPDATE: 03/10/23 I was just told in the TMZ interview that the Austins lied. They said the appraiser didn't use comps from their neighborhood but a different neighborhood.The appraiser used comps in their same neighborhood which is what the Austins didn't want. In the lawsuit the Austins stated they lived in a "black" neighborhood with lower home values.They stated they wanted the appraiser to use comps from the "higher priced" "white neighborhood" only. The Austins did not want the appraiser to use comps in their same neighborhood. Then the Austins cited Andre Perry's fake paper as if it were fact. I'll post more later.

Just saw the TMZ short video clip. It's not the full interview. I will only comment below on that short clip linked here.

Tenisha said "appraisers are on notice that if they continue to behave this way that there could be repercussions. Obviously people don't want to be sued."

This sounds like a threat to all appraisers in the US to me, white, black and brown. You will be sued if you appraise a home for market value and according to the law. If you don't give the borrow the value they want, they will sue the hell out of you with the help of deep pocketed private "fair housing" groups. This is undo pressure on appraisers. This is against the law. If any borrower said this or hinted this to an appraiser, the appraiser must notify the AMC, Lender and stop all the work. If the appraiser hears this after they did the work, they must notify and the borrower will be denied any home loan. ..."

This was her attorney: https://www.wilsonelser.com/attorneys/peter_c_catalanotti

Yep, hit that number or the Biden DOJ will come down on you.

 

[RCA]

And also does anyone knows the Austin's address house. I'll be in Sausalito later this month and maybe I'll drive by it.

20 Pacheco St, Marin City (which is also considered postal Sausalito). However, it doesn't look much like what it did in 2020. You can find some old picture of the house on Mary Cummins website. Or there is this from Google Earth:

 

[RCA]

20 Pacheco St, Sausalito, CA 94965 | Zillow

20 Pacheco St, Sausalito CA, is a Single Family home that contains 1720 sq ft and was built in 1963.It contains 4 bedrooms and 2 bathrooms.This home last sold for $550,000 in December 2016. The Zestimate for this Single Family is $1,498,000, which has increased by $149,225 in the last 30...

www.zillow.com

That is the new version of the house, completed in the past year I think.

 

[OSU Beavers]

That is the new version of the house, completed in the past year I think.

Looks like they bought a Tesla with their winnings.