Winknews.com recently ran an interesting story: Investors breaking into Cape Coral foreclosed homes. The first time you hear of this you may be taken aback. Cape Coral police have their hands full when it comes to dealing with this “Chinese drywall related” crime. The way the crime works is simple: real estate investors are paying [...]
Chinese drywall news stories are circulated around the country, day after day. It is important to stay current with the latest news, even if you have not been personally affected by this disaster. After all, you never know how you will be able to help or if you will be facing this problem in the [...]
Some key bills that will be considered starting Monday include the following Bills that may be of significance to those following the Chinese drywall crisis.
Believe it or not, a bill meant to help Chinese drywall victims is being backed by the Homebuilders Association of Florida. This has surprised many people, and for good reason – builders are often times seen as those who are somewhat responsible for this problem. Last Thursday, the legislation passed the Insurance, Business and Financial [...]
As of late, home insurance companies have been making it a habit to cancel policies on those who have had issues related to Chinese drywall. If not cancel coverage, at the very least they are increasing rates. Under two proposed laws in Louisiana, this would no longer be allowed. The bills come from Rep. Walt [...]
The state of Florida has been hit hard by Chinese drywall. For this reason, state legislatures are looking at all their options in terms of providing help to homeowners. Lawmakers are in the process of considering all repair options. At this time, there is no “approved and formal” method for getting rid of Chinese drywall. [...]
U.S. District Court Judge Eldon Fallon will make a critical decision that will have far reaching impacts upon the homeowners facing defective drywall problems (the number of reported afflicted homeowners is in the thousands).
Rob Wittman, a Virginia Congressman, is doing what he can to help consumers who have been affected by Chinese drywall. He recently filed a bill that would help these homeowners get some tax relief. If the bill is passed, it will allow homeowners to deduct the costs of not only getting rid of the problem, [...]
If you want to learn more about Chinese drywall or simply find these stories interesting, all you have to do is search online. Everyday, several news stories regarding Chinese drywall are published. In addition to the internet, you will also find stories in newspapers and on television. Here are three popular Chinese drywall news stories [...]
Charlie Melancon, a United States Congressman from Louisiana, is concerned that homes with Chinese drywall are a fire hazard. He argues the point that electrical wiring corroded by Chinese drywall could lead to fire in effected homes. Melancon recently sent a letter to the United States Fire Administrator Kelvin Cochran. In the letter he said, [...]
