Nov 17th 2010 4:30PM
A court decision in Florida recently exonerated homebuilders who'd used Chinese drywall, since they were not within the distribution chain. But they are not completely off the hook. While builders won't be held to rules of "strict liability" for homes impacted by allegedly toxic Chinese drywall, this ruling is not a... Continue Reading »
Oct 1st 2010 12:01PM
People stuck with homes filled with faulty Chinese drywall have gotten little help from insurers, builders, lenders or Chinese manufacturers. Now the Internal Revenue Service is stepping in to offer some financial relief. A new procedure will allow you to treat damages from corrosive drywall and write them off as a... Continue Reading »
May 22nd 2010 10:00AM
With a German distributor settling over toxic Chinese drywall, and the Greek economy impacting American mortgage rates, it's been a week of internationally flavored news here on HousingWatch. Read on to see what else was hot. 1. Actress Kate Walsh Lists Los Feliz Home at a Loss Maybe they should call it "Loss" Feliz. With... Continue Reading »
May 18th 2010 2:00PM
If walls could talk, the ones in your new home might say "thank you." Especially if they are sulfur-oozing, health-hazardous ones manufactured in China. In a move to quell the controversy over homes built with defective drywall, Knauf Plasterboard Tianjin Co., a German-owned exporter of the Chinese-made product, has... Continue Reading »
Apr 12th 2010 11:00AM
Homeowners grappling with Chinese drywall won big last week. Not only did the Consumer Product Safety Commission (CPSC) and HUD call for the removal of Chinese drywall, but a federal judge in Louisiana ordered the Chinese firm Taishan Gypsum Co. to pay seven Virginia families a total of about $2.6 million dollars in... Continue Reading »
