Should you buy a house with Chinese drywall?
As mentioned, asking for an inspection is the best way to protect yourself, even if there is no report of it from the seller. If Chinese drywall is found, you can negotiate the deal with your agent. It is quite costly to repair the defective drywall, as you essentially have to gut the house and rebuild the walls.
What do you do if your house has Chinese drywall?
The only way to get rid of the problem is to completely replace the Chinese drywall with new drywall. In addition, the Consumer Product Safety Commission remediation guidance calls for the replacement of smoke or carbon monoxide detectors, electrical distribution components and fusible type sprinkler heads.
What years were Chinese drywall used in Florida?
The use of Chinese drywall in Florida homes and buildings occurred between 2004 and 2006, during the housing boom. At the center of the drywall problems in Florida is Knauf Plasterboard Tianjin Co.
Is Chinese drywall still being sold?
Tainted Chinese drywall is no longer sold in the United States since the 2012 passage of the Drywall Safety Act, which set chemical standards for domestic and imported drywall.
Can you sell a house with Chinese drywall?
There is not a specific question about Chinese drywall on the sellers disclosure but IF a seller knows they have it, they should disclose it. Your best protection as a buyer is to get an inspection by a real estate inspector that does an inspection specifically for Chinese drywall.
What year did they stop using Chinese drywall?
1989
The substance has been banned for use in U.S construction since 1989. Tests of drywall samples by the EPA and the Florida Department of Health showed radioactivity at levels no higher than those ordinarily found in the natural environment.
How much does it cost to replace Chinese drywall?
Many homeowners have played $30,000 to $40,000 or more to have all of the drywall replaced, as well as the wiring, A/C, and other damaged hardware in their home. Pricing can depend on the area you live in, the square footage of the home, and whether or not you need a permit to do the work.
What are the signs of Chinese drywall?
What are the health symptoms and risks of Chinese drywall? The most frequently reported symptoms are irritated and itchy eyes and skin, difficulty in breathing, persistent cough, bloody noses, runny noses, recurrent headaches, sinus infection, and asthma attacks.
Does Chinese drywall contain asbestos?
Modern drywall and taping compound do not contain asbestos.
Does Home Depot sell Chinese drywall?
“When we heard about the issue, we immediately got suppliers on the phone,” a spokesperson for The Home Depot told the Palm Beach Post. “We have only three or four suppliers and they provided us with written documentation that … we have not and do not purchase Chinese-made drywall.”
Does Chinese drywall have to be disclosed?
Even if the home is sold “as is,” a seller by law has obligation to disclose anything that affects value of the property. There is no law a seller has to do an inspection. If something wrong surfaces, the buyer has to prove the seller knew about it. The average cost of fixing a home with drywall is about $100,000.
What are the symptoms of Chinese drywall?