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construction defects: Are galvanized pipes the new "Titanic" of the real estate industry? - 09/21/10 07:21 PM
The ticking time bomb of old rusty galvanized pipes is wrecking havoc on home-buyers and their agents. The fault may lay with neglected foreclosure and short-sale properties but the ramifications are far reaching for the new owners and the agents who specialize in these types of properties. With foreclosures and short-sales making up over 40% of the total market the problem may be widespread.
Bob and Susan, (not their real names), were two of the lucky ones. They managed to keep their jobs in this recent recession. Bob, a police officer and Susan an LVN, had also managed to stay … (6 comments)
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construction defects: Lesson from a banana sale... condition is the primary thing. - 11/17/09 03:26 PM
I never thought about buying a banana at a gas station. I was just paying for gas, but noticed the freshest banana I had ever seen at the counter. Just a single banana. Perfectly ripe. I love bananas but usually miss out on the "perfect timing" of eating a banana in its prime. I took advantage of the opportunity, and began eating it while I waited for my change.
Hold that banana thought...
"Buyers in this market are not concerned about property conditions. They are more concerned about buying the property than the condition of the property. Property conditions are secondary, … (6 comments)
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construction defects: "Who Ya Gonna Call"? - 06/03/09 07:22 AM
Fact; 250,000 Un-licensed Contractors in California perform over 20 billion dollars in home improvement contracts per year. Over 50% of the work performed does not meet UBC or local building codes, (universal building codes).
Ø 75% do not apply for a building or construction permit. (The remaining 25% get the homeowner to apply for a building permit thereby putting all the liability and responsibility for the project into the homeowner's hands).
Ø There are over 100,000 unlicensed contractors injured on homeowners' property annually. Many sue the homeowner ("employer") for injuries caused on a worksite.
Ø Over 50% of homeowners experience minor to … (0 comments)
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Jerry Bronstrup
Los Angeles,
CA
More about me…
Bristol Builders, Inc. Your FHA Expert 866-775-8169
Address: 25020 Avenue Stanford, Unit 110, Santa Clarita, CA, 91355
Office Phone: (661) 294-1812 x 20
Cell Phone: (661) 816-6949
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