Drywall bought in from China and commonly known to as “Chinese drywall” is creating quite a stir. But I also discovered from my own office manager that no less than 9 various countries- including the USA – ended up actually making fouly drywall and US builders were purchasing and importing them into the United States. So although individuals' drywall are recognized as Chinese drywall, I prefer to call them defective drywall instead.
Defective drywall was imported to the United States in massive amounts in the course of the housing boom between 2004 and 2008. It appears that when the importation of defective drywall first started, nobody realized how many issues it would trigger. I challenge builders to open the doors of their imported containers full of Chinese drywall and not detect the smell. That alone should have raised a red flag!
Over time those drywall begins to emit toxic fumes and odors that smell like rotten eggs. As if the smell is not bad enough, a lot of people have turned out to be ill from chemicals found in drywall from those nations and homes themselves are falling apart with the defective drywall. For example, copper flooring are corroding and appliances are breaking down, all consequentially of your defective drywall.
Determined homeowners have submitted claims regarding the complications associated with defective insurance with their insurance agencies only to find that the issues of defective materials employed in construction will not be covered in their policies.
To add insult to injury, the insurance policies on properties manufactured with defective drywall are then cancelled, especially here in Cape Coral. To complicate matters further, other insurance agencies do not want to sell policies on properties built with defective drywall, so desperate residence owners are left without insurance coverage on their properties. Since it is needed to have insurance on homes that are not completely paid for, this puts property owners in a real emergency and some of them even lose their homes simply because of this situation.
The number of properties with these drywall in Cape Coral is huge. This is due to the fact that, between 2002 and 2006, Cape Coral was an developed area where people from south and north Florida came to buy cheap land, build on it quick and flip those properties. They use their own home equity to do so. What happened is builders were quickly sold out with drywall, making them to look elsewhere for that product, coming most of the time from foreign countries back then.
Replacing defective drywall may possibly seem to be the main remedy to this difficulty, however such a solution is either inexpensive or straightforward. Depending on the size and development of the household, the two quotes I got from a contractor ended up roughly around $ 20,000 for each 1,000 s / f of home. Not only these drywall need to be replaced but the isolation also should be replaced. Plus, all copper pipes and electric wired have to be fixed too.
Most with the households that possess defective drywall had been built in Florida, but other states, including Colorado, had been also produced with those same drywall. Right here, in Cape Coral, whenever I show a few homes to prospective buyers, I get a lots of concerns to address in regards of defective drywall. I hope the public will find their questions answered here.