Buyers Beware of Chinese Drywall
Posted April 7th, 2009 by Sheila
A new and growing concern in the Florida real estate market is drywall that was manufactured in China. U.S. manufacturers of drywall couldn’t keep up with new homebuilders demand during the housing boom from 2000 to 2006. In addition to the housing boom, Florida suffered through a bad hurricane season that dramatically increased the need of drywall. For those of you asking "What in the heck is Chinese drywall?" It is a defective drywall that contains Sulfur Dioxide that when wet emanates a foul odor. The sulfur-based gases can cause corrosion to air conditioning coils and anything metal in your home. It is not known at this time the extent of damages the drywall could do to your home or any health problems the defective drywall could cause. The main health concern the CDC has posed are possible respiratory problems.
In an already declining market where sellers are stuck in their homes, the fear of this defective drywall could drive property values to a new low.
Buyers and Buyer’s agents need to be aware of the possibility of Chinese drywall in homes built during the 2000 to 2006 (and beyond). It is imperative to find a home inspector that is familiar with Chinese drywall testing if you find evidence of a problem.
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