In Florida's builders are facing a new problem--the Chinese-made drywall they used in new construction is causing unpleasant odors and possibly leading to electric problems.
Homeowners in Lennar's Woodfield development in Port St. Lucie have received letters stating that they can temporarily move out of their homes while Lennar guts the walls and installs new drywall for free.
Real estate agent Felix Martinez thought he'd found his dream house when he bought the 3,500-square-foot beauty in Homestead, Fla., two years ago.The problem has now spread to Louisiana.
Then, he says, his large-screen TV mysteriously failed. Next, the air conditioner went. His bath towels smelled like rotten eggs. Visitors noted an odor in the house. Martinez says he's suffered new sinus problems and sleep apnea. His wife and son sneeze a lot.
The walls in the home, a recently filed class-action lawsuit alleges, were built with the same kind of Chinese-made drywall that tests have shown emit sulfur gases that corrode copper coils and electrical and plumbing components.
Note to investors. This story is likely to get more traction and is likely to impact the bottom line at any home builder that used Chinese dry wall. The attorney's are out in force here in Florida and this is a trend that is just picking up momentum.
Note to home buyers. Do your due diligence before purchasing a home.
Sources of Information:
Is Chinese Drywall the New Mold?
Builders removing Chinese drywall from two Port St. Lucie developments
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 Bob DeMarco is a citizen journalist and twenty year Wall Street veteran. Bob has written more than 500 articles with more than 11,000 links to his work on the Internet. Content from All American Investor has been syndicated on Reuters, the Wall Street Journal, Fox News, Pluck, Blog Critics, and a growing list of newspaper websites. Bob is actively seeking syndication and writing assignments. |
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Since this drywall is foreign, wasn't it tested before be granted permission to be sold in the United States? Did someone take a bribe to admit it? My father spent 34 years in the Army and warned me back in 1956 to watch China - he said it's not wise to ignore that many people. Is this how they wanted to take over, by poisoning first our pet food, then human food and now products for the inside of our homes? This game runs both ways - if they want their markets to dry up, we can do that. Boycott Chinese goods - BUY NOTHING MADE IN CHINA.
ReplyDeleteThe defective Chinese drywall debacle has been making news for months now, with homeowners plagued by sulfur fumes that smell like “rotten eggs” and cause air conditioning coils to corrode. Residents complain of sinus and respiratory ailments, eye and skin irritation, persistent runny or bloody noses, headaches, and asthma. Some situations were so severe that residents had to vacate their homes. In some cases, victims have been harassed by builders into signing unfair, one-side remediation agreements. The issues surrounding defective Chinese drywall are confusing and worrisome. Here is a good blog that has been providing emerging and valuable information on the problems: www.chinese-drywall-answers.com
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