While favorable loans are not a solution nor an answer to homeowner woes, it is still a step in the right direction to address the issues while definitive test results are still pending. The amendment introduced by Nye would provide for Small Business Administration home disaster loans, for the purpose of repairing or replacing drywall in homes. Generally such loans are provided to those affected by natural disasters, but given the unique and complex nature of the situation, Nye and others believe it to be applicable.
After months of scientific testing, the Consumer Product Safety Commission (CPSC) released the results of its investigation Thursday. The results: federal investigators found higher than normal levels of sulfur and strontium in Chinese drywall samples. As a caveat, the report did not conclusively link the health problems and reported damages that thousands of U.S. homeowners have reported to the agency with the drywall directly. Instead of an outright assertion, the CPSC said additional testing was needed and that a new report should be released at some point in November.
United States Representative Vern Buchanan believes that homeowners dealing with tainted Chinese drywall should receive federal disaster assistance. Buchanan, along with Representative Glenn Nye, recently filed an amendment that would give the Small Business Administration the ability to lend money to homeowners who need to rid of Chinese drywall in their home. Of course, these [...]
Yesterday was a big day in the news for Chinese drywall related stories. These pieces may interest you for one reason or the next. Maybe you are a home builder; maybe you have been a victim of the Chinese drywall sage. No matter what, you can learn quite a bit by keeping your eyes on [...]
The Consumer Product Safety Commission (CPSC) is prepared to release its results regarding the drywall investigation prompted by reports from over 1,500 consumers from over 27 States. TheChineseDrywallLawyer.com is probing the basics of the investigation itself for the convenience of homeowners across the nation. See the general article here.
The “Health” aspect of the investigation stems from reports of respiratory illnesses, headaches, sinus issues, acne, coughing, bloody noses, asthma, itchiness, among others. Many homeowners have reported that the symptoms either dissipate completely or lessen to a noticeable degree when they are not in the home, but return or fluctuate upon returning to the residence.
As homeowners who have been adversely affected by the presence of Chinese drywall in their homes await the results of the investigations that have been underway by the Consumer Product Safety Commission (CPSC), some may be wondering the measures, inquiries, and elements of the investigation.
It seems that new Chinese drywall stories are released everyday from outlets all over the country. While it is difficult to stay up to date with all of them, some are too informative to pass by. NRP released a great story today: Toxic Chinese Drywall Creates a Housing Disaster. Not only does this piece offer [...]
The Wall Street Journal has done a great job staying up to date with the latest news dealing with the Chinese drywall saga. Most recently, they released a story: U.S. Calls for Fair Response From Chinese Drywall Suppliers. Inez Tenenbaum, United States Consumer Product Safety Commission chairman, recently took a visit to China. During her [...]
A Florida couple was recently rebuked by their insurance company, Citizens Insurance Corporation, when they were told their policy would not be renewed due to the Chinese drywall in the home. Fortunately, Citizens Property Insurance Corp. has shifted its approach to the situation, and is now agreeing to cover the retirement home at issue.
