NEW ORLEANS – A Chinese drywall manufacturer has agreed to pay hundreds of millions of dollars to resolve court claims by thousands of Gulf Coast property owners who say the product corroded pipes and wires and otherwise wrecked their homes, the largest settlement of its kind so far.
Comments Off
Has the real estate market bottomed out? How about the impact of agricultural exemptions and Chinese drywall?
Comments Off
Other reasons include homes where the homestead exemption is worth more than its taxable value, and homes with Chinese drywall. The total tax value lost is more than $2.5 million in Collier and Charlotte counties. Lee County numbers were not available.
Comments Off
Some are modest homes; others are extravagant. For example, recently built middle-class homes that contain toxic Chinese made drywall also get devalued by the county. How much is that costing the government? Hillsborough County collected $1.5 billion in …
Comments Off
The state’s insurer of last resort says it will not provide coverage for homes with extensive damage caused by tainted drywall from China. Already, Citizens Property Insurance has dropped coverage on two homes that are vacant because of defective drywall …
Comments Off
Roy Oppenheim, Weston Foreclosure attorney speaks about purchasing foreclosures in Florida. Roy advises home buyers to make sure they look into financing, short sales or REO by bank, and that there is no mold or Chinese drywall. For more information about purchasing a FL foreclosure or short sales visit: www.westontitle.com
Comments Off
TRADITION — Treasure Coast condominium owners who have Chinese drywall and live in a subdivision governed by a community association could face some unanticipated legal consequences when removing the toxic wallboard …
Comments Off
FORT LAUDERDALE, Fla., June 2, 2010 (GLOBE NEWSWIRE) — Florida attorney Mike Ryan has been working to help find relief and solutions for homeowners across Broward County and the State. Ryan, a partner at Krupnick Campbell Malone Buser Slama Hancock Liberman & McKee, has traveled to Tallahassee and …
Comments Off
Palm Beach County homeowners with defective Chinese drywall are now eligible to get their property appraisals cut by almost three-quarters. Property Appraiser Gary Nikolits said that homeowners with “verifiable documentation” that their property …
Comments Off
