It sucks having to pay it every month when you have no need for it, but when your house burns down or your basement floods, or someone accuses you of redlining you'll be glad to have a team to help you and documentation to support you. 

There are still areas with high crime and they might even be one street over from very expensive neighborhoods, so I highly recommend driving the areas you're interested in to ensure that it meets your buy box in that respect.General rules of thumb that I've found:-Areas that are closer to red line or highways tend to improve faster (I'd imagine this is true in most places).

The blue line is the # of MF listings on the market, the red line represents the number of units being sold.

A property can be an absolutely viable deal but because of redlining and knee jerk reactions of lenders and regulators it can't be financed.

Outright discrimination, higher interest rates, redlining, it's all recorded in history.

And did the same with the kids in the so-called "Best School" kids and put them in the so-called "Worst School"I'd bet the school names would automatically reverse as to best school and worst school--meaning it's the students not the "School" that are being ranked.And I have to say, every time I run across this "School Ranking" /really student ranking/ it seems like Racism (and I don't use that word very often of very lightly).It seems like the old Red Lining system, but pretending that a building, or a certain set of teachers, is causing a rating, but really it's the students causing it.And those who fall in line with this when choosing a house, are simply picking which side of the Red Line they want their kids to be on...who their kids can sit in class with.In reality, I'm a strong Home School supporter (for ALL kids) (so I don't have a dog in this fight)--I'm just an observer, and that's how it looks to me.It's a "Student Ranking", and not a "School Ranking". 

Buying houses is more than a financial investment, it is an investment in a community, especially when that community was forced to be there due to redlining, which Asheville has a strong history of. http://www.shilohnc.org/histor...

Mortgage redlining played a huge role in this by essentially forcing residents to rent because banks wouldn't underwrite loans for their homes.I'm working with a few other neighborhood leaders to put together a development company that only employs contractors from the neighborhood, creates job training opportunities, and works to help neighbors stay in their homes.

Either that, or maybe I am misunderstanding the first part of what you stated.To be clear, lenders cannot redline an area. 

The publication argues, based on recently released appraisal data-sets, that current day appraisal processes bake the results of historic racist redlining into current home values.