Chinese drywall is a problem. It is a big problem. It appears that it causes health issues and it has been conclusively linked to property damage.
In addition to affecting the homes that actually contain defective drywall, the stigma and fear has extended to homes in the same neighborhood. Although the majority of the surrounding homes to not contain defective drywall, the fear prevents potential buyers from even considering the neighborhood.
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Homes in many areas have not begun to show signs of corrosion, so potential buyers are not comforted by the absence of corrosion. Humidity has been show to cause a significant increase in the production of the corrosive gases. Homes that are not exposed to high levels of heat and humidity, therefore, are less likely to show signs of corrosion. This uncertainty, combined with the huge financial risk, prevents many potential buyers from considering homes that are related to Chinese drywall.
The decision to buy a home is the most significant purchase most people will make. The idea of potentially moving one's family into a toxic environment and exposing themselves to huge financial risk - remediation can cost in excess of 0,000 - paralyzes potential buyers.
Homes that are in the same neighborhood as another home that has been confirmed to have Chinese drywall as well as those built by builders who have confirmed that they used Chinese drywall are not selling. Without a guaranteed testing protocol, it is likely that these homes will not sell. Some home owners, desperate to sell their home, have drastically reduced the price. Some have paid for visual inspections. Some have paid for material testing. Some have done all three and still not been able to sell their home.
How can someone interested in selling their home overcome this fear?
Potential buyers are looking for a guaranteed testing protocol. Negative results based on this protocol not only give buyers the peace of mind they are looking for, but can also be insured. This insurance policy removes any risk associated with defective drywall and allows potential buyers to move forward with confidence.
Chinese Drywall and the Resale Problem
Read more about Chinese drywall.
Certified Chinese Drywall Testing, LLC
http://www.certified-chinese-drywall-testing.com
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