Black Real Estate Investors Sue Agent For Refusing to Sell Them Condos

Three Houston-based real estate investors have filed a racial discrimination lawsuit against a real estate agent who denied the group the option to purchase three condos in a new community.

CNN reporting James Ra-Amarihis wife Foggy Ra Amari and her sister Rosemary Afful said real estate agent Josie Lin “immediately” showed hesitation to interact with the trio when they expressed interest in purchasing three condos at Grand West Condos, located in Katy, TX.

According to the group, Lin told them they wouldn’t be able to get a Fannie Mae mortgage for the units and added that “all of the owners were either personal friends or knew each other.”

However, the group claims in court filings that it never expressed a desire for funding.

“I’ve been in real estate for over 15 years and I’ve never experienced anything like this,” Misty Ra-Amari told CNN.

The trio filed a racial discrimination lawsuit against Lin, his company UMRE, Grand West Condominiums; Grand West Residential Condominium Association Inc.; United Property Management; RE/MAX and EXP Realty.

It’s no secret that black men and women face racial discrimination in the housing industry, especially when it comes to getting a loan from a bank. However, black men and women began fighting back in court.

Last year, a black California couple filed a racial discrimination lawsuit against a real estate appraiser after they undervalued their home by $500,000. Earlier this summer, a black Baltimore couple who bought their home in 2017 for $450,000 and carried out $40,000 in renovations filed a racial discrimination lawsuit after their home was assessed at $472,000 by 20/20 Valuations and LoanDepot declined the couple’s refinance loan.

In the Houston group’s lawsuit, the group alleges that an information packet from Grand West Condos promoted the resort as “a new option for Chinese and Asian communities.”

In a statement to CNN, RE/MAX said Lin had not been involved in their operations since December 2021 and “had no affiliation with the RE/MAX brand at the time of this alleged event.”

The trio said that despite the incident, they are still interested in buying condos in the complex as there is significant growth potential.

Leave a Reply

Your email address will not be published.