chinese drywall: Drywall homes: bargain or bind? - 08/19/09 12:12 AM
by Mary Wozniak
Florida homes tainted by defective Chinese drywall are popping up on Realtor.com at bargain-basement prices. Although it is not required by law, many brokers have readily adopted a new drywall disclosure form developed by the Florida Association of Realtors® to use in sales transactions. There currently are nine drywall properties listed for sale on the site - all of them fairly new and for under $50,000 - but there also are questions about whether the low prices are worth the hassle the real estate could bring in the future. It reportedly costs about $100,000 to clean up a … (2 comments)