A Black couple has settled their lawsuit against the real estate company that estimated their house was nearly $500,000 more valuable when their white friend posed as its owner.
According to their civil complaint, the saga began when Tenisha Tate-Austin and Paul Austin decided to refinance their mortgage in 2020. The couple hired the firm Miller and Perotti Real Estate Appraisers to appraise their home in Marin City, an unincorporated community just north of San Francisco, and were told that it was worth $995,000.
