I have recently had the please to list an incredible home that was build in 2006. This large home was all set to sell but during the inspection it was discovered that it had Chinese drywall.
Chinese Drywall is Drywall that was imported from China during the building boom that is tainted with chemicals that corode wires and air conditioning systems in addition to the fact that they may be hazardous to your health.
As a result of this issue, I have discovered the ins and outs of handling this probem. There are resources! First check with your builder and insurance company about some type of resolution. There are a series of class action litigation related to this problem as well. The basic resolution to the problem appears to be removal of all drywall from the house and installation of new drywall which in my case is estimated to be $40K to $80K in repairs...Yikes!
The local Hillsborough County Tax office has even jumped in to help by providing Tax deductions for homes effected. http://www2.tbo.com/content/2009/sep/22/na-tax-break-made-in-china/
Steve Armstrong, Realtor
Certifying Agent, Florida Green Builders Coalition
Smith & Associates Real Estate
http://www.UniqueTampaHomes.com
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