Chinese Drywall Testing
Not knowing the status of your home may cost you big money, not to mention potential safety and health hazards.
In addition to safety and health hazards, important reasons to test include:
- Property tax relief of 75% or greater
- Lender relief on FHA backed mortgages
- Insurance claims
- IRS tax deductions
- Documentation for assisting attorney
- If you are buying or selling a home
- Renting a home
- Lenders establishing knowledge of contamination status for liability and valuation reasons
Chinese Drywall Problem
The nightmare known as Chinese drywall began as early as 2001 and peaked when the domestic supply could not keep up with the demand caused by the housing boom and Hurricane Katrina. Chinese drywall is also being called Defective drywall and Reactive drywall.
Chinese sheet rock
is likely to be the largest product liability issue the construction industry has ever seen. Defective drywall has been conclusively linked, by the Consumer Products Safety Commission, to drastically accelerated corrosion.
It is estimated that in 2006 alone more than 550 million pounds of drywall were imported from China. Seventeen to twenty different markings or stamps identifying Toxic Drywall
have been found.