9 October 2018 | 12 replies
It all started with Jimmy Carter and his Community Reinvestment Act and the Bill Clinton's prohibition of red lining neighborhoods.
28 September 2013 | 1 reply
In Detroit, the urban core has been neglected so severely and damaged so badly by things like insurance redlining, racism, mismanagement, collapse of the manufacturing economy...
28 May 2022 | 15 replies
I am having to do this at one of my other properties right now, and having bought it at such a low valuation years ago makes it a faint blip on the profit chart, instead of a massive red line...Onwards and Forward!
19 October 2018 | 7 replies
I want to sell one of my Washington, DC. properties to have a larger down payment for a new primary residence in Irvine, CA.The property is a condo in Northeast Washing DC (Brentwood neighborhood near the Red line Rhode Island metro station (0.07 miles) that has been on the market for 135 days and isn’t selling.
24 December 2018 | 3 replies
I filed a complaint with HUD stating that the lender refused to extend a mortgage to a qualified buyer causing them to become homeless, falsified and appraisers report, issued instructions on repairs they were not authorized to do...and have effectively "redlined" a low-income client...all violations of fair housing and fair lending...So, what do you think...I've never seen anything like this in my career...not even close.
22 February 2013 | 25 replies
And this works out pretty well with reality, because the cheaper houses are very hard to finance anyway, due to bank not liking small loan sizes, bank red-lining, and bank usage of “# of loans” as a limiting factor in providing credit.
7 December 2017 | 4 replies
I don’t what that realtor meant by that comment or perhaps maybe that is not what you meant to convey, but if a lender is not going to lend in an area because that area is considered low income, then those lenders could be fine mightily for what may appear to be redlining.
23 May 2016 | 1 reply
The median price of a single-family home in Santa Clara County hit seven figures for the first time last month: $1 million exactly (see redline in the chart below).
25 February 2016 | 24 replies
The red line at the top is the SF/S San Francisco MSA.
29 March 2016 | 12 replies
As a renter, I found it to be the best value while still being close to the (red line) T.