Ocwen TCPA Deal Delayed As Judge Mulls Atty Sanctions – Law360 Chinese Drywall Complaint Center Urges All Potential Home Buyers of Fl ihs markit home Page – Leading Source of Critical Information – IHS Markit is the leading source of information and insight in critical areas that shape today’s business landscape.
The consequences of purchasing a home that has Chinese drywall problems are huge. For many, it means financial ruin. homes that were once valued close to one million dollars are now worth a fraction of that, if they are able to be sold at all. Routed from their home, home owners have no choice but to escape to a safer living condition.
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To Discuss Florida’s Chinese Drywall Problems. A forum held in Ft. Meyers to discuss Florida’s Chinese drywall problem apparently raised more questions than it answered. According to News-Press.com, the lead toxicologist from the Florida Health Department told attendees that more investigation is needed before it can be determined if fumes emitted from the Chinese drywall pose a health issue.
Thank you for your internet feedback and question. I apologize for the delay in this response. I am not aware of any legal requirement for reporting a discovery of Chinese drywall in a home by a home inspection professional. It is my understanding that this a voluntary decision for the occupant/property owner.
In South Florida, Quicken Loans has surpassed wells fargo as the biggest home loan originator, with $1.57 billion in residential loans in 2017. And out of the 15 largest residential mortgage lenders. Mortgage lenders in every state.
Home buyers in South Florida are petrified of tainted Chinese drywall. Some rule out entire neighborhoods or houses and condos built within the past seven years. Others don’t want anything to do.
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Home Inspectors are trained to spot signs of Chinese Drywall. The Florida Department of Health has discovered a significant amount of strontium sulfide in the Chinese drywall, and it is also known to contain iron sulfide, hydrogen sulfide, carbonyl sulfide, sulfur dioxide, and carbon disulfide.
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