Submitted by 0716718227 t3_zbjpbw in philadelphia
Indiana_Jawnz t1_iyt9v91 wrote
Reply to comment by HoagiesDad in Lowballed: Philadelphia-area homeowners of color receive unfair appraisals by 0716718227
Exactly; Location, location, location.
My home would easily be worth double it's value if it was located in, say Havertown, and probably near triple if it were in Lower Merion.
But it's location is what it is, so it isn't.
I tried to buy a home in Lansdowne a few years ago but the bank appraised it lower than what I needed for a mortgage for, so that was that.
[deleted] t1_iz81lyj wrote
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