Season four is all about the various scams and frauds you need to be aware of while on your financial journey. In this season we will discuss scams, pyramid schemes, predatory practices and more. Today we’re talking about the predatory practices and discrimination within the home appraisal process and the red flags to look for. 

*Student Loan Update* 

1. What is a home appraisal process?


2. How is there racism/bias/discrimination in the process?


3. What are the effects of racism/bias/discrimination in the home appraisal process?
   1. Predatory 
   
   
   2. Wealth Gap 
   
   
   3. Paying More
   
   
   4. Selling Homes at a Lower Values
   
   
   5. Equity
   
   


4. How to recognize the red flags and what to do if you suspect discrimination during the home appraisal process?


5. How to prevent discrimination from happening?

- This month’s newsletter was sponsored by Sand Dollar Soapery. Use code BGBPerk for a 10% discount between September 1st and 10th.

- Appraisal Complaint National Hotline: 877.739.0096, refermyappraisalcomplaint.asc.gov 

- Fair Housing Specialist: 800.669.9777, Office of Fair Housing and Equal Opportunity

- Consumer Financial Protection Bureau: 855.411.2372, CFPB Online Form