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chinese-drywallThis is a follow up to my blog post on March 25th, “Toxic Drywall Could Be Largest Lawsuit In US History!”    This blog post produced record high amount of views and comments.  We really tapped into a very important topic for the consumer.

 The good news is that the Columbus Dispatch is reporting that it appears there is NO Chinese drywall in the Columbus, Ohio area.  The Columbus Dispatch did a thorough job of interviewing new home builders, home contractors, drywall suppliers and it appears that no toxic Chinese drywall made it to the Central Ohio area.

The Bad news is that the toxic Chinese drywall is definitely in the United States.  In 2005, Chinese manufacturers shipped 500 million pounds rotten-eggsof drywall mainly to southern gulf coast states of Florida, Louisiana & Texas.  Chinese drywall smells like “rotten eggs” and is being blamed for damaging furnaces and electrical wiring, tarnishing jewelry and possibly sickening families.  So the potential is still there for toxic Chinese drywall to be the largest lawsuit in US history.  Just be happy that it is not in our area.

Home Buyer Advocate Mike

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Small HouseA good story on WSYX-ABC 6 – “Six On Your Side” about toxic drywall from China.  M/I homes faces a lawsuit for possible toxic drywall.  This has the potential to be a HUGE local and nationwide story.

It seems like the story is really flying under the radar.  I wonder why this isn’t getting more media/press coverage?

M/I Homes is the largest new home-builder in Central Ohio. 

http://tinyurl.com/cmlyak

 (Watch Consumer Alert Story)

This lawsuit has the potential to be the largest class action home defect lawsuit in US History!

Stay tuned for future updates and opinions in blog.  A story this big could be a “game changer”!

Be careful out there.

Home Buyer Advocate Mike

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Last week, The Homebuyer’s Advocate Blog was used as a reference for a  good article in the Columbus Dispatch by Jim Woods – Moldy Home Cost Builder $3 Million.

 

Jim put out a thorough follow up article about the moldy Maronda house and resulting lawsuit that has been in the news for the past few months. 

 

Our very popular blog post (over 500 views) in late February reported on the same Maronda issue – Maronda Home Verdict Cost Nearly $3.2 Million.

 

I especially liked the way Jim “touched” on the Reynoldsburg Building Department signing off the home.

 

The house passes all building code requirements, but yet the south side of the house was not attached to the foundation and was inadequately attached on the other three sides.  This was hilarious and sad all at the same time.

 

I’m sure I wasn’t the only person reading this article and saying “hmmm, how does that happen?”

 

How new homes pass building inspections & get occupancy permits is a mystery to most consumers & home owners.

 

I think the Columbus Dispatch has the start of whole other investigative exposé

 

I’ve heard many stories from experienced home inspectors that talk about the same problems and issues with homes passing building inspections.

 

For example, a home can pass plumbing & electrical inspections but yet have water leaks and no working lights.  There are two main reasons why these problems sometimes happen with building inspections.  First, many building inspectors just check to make sure homes are built to the correct specs, materials, items, hardware, clearances, etc.  As long as a home is built to the correct specs and material it could possibly pass a building inspection.  The second main reason why bad homes pass building inspections is human error.  This happens even in spite of pressurized plumbing checks and other tests on mechanical systems.

 

I think it is about time to stop beating a dead horse.  It is time to move past the issues of some new home builders in Central Ohio, like Maronda and Dominion homes. (Another Builder Casualty)  The last few years, their issues have been thoroughly documented in every type of media & press publication.  If you are an informed home buyer in Central Ohio then this is all old news.

 

The key phrase above is “if you are an informed home buyer“.  I’ve been an Exclusive (true) Buyer Broker since 1996.  I only represent residential and investor buyers.  I’m sorry to say that the definition of a truly informed home buyer varies greatly.  In most situations, a home buyer will spend only a few minutes researching the home buying process on the Internet sandwiched in between their favorite TV shows, American Idol and Dancing with the Stars.  In one short evening a potential home buyer thinks they have thoroughly researched everything they need to know about the home buying process.

 

The reason this occurs so frequently is because researching on how to find the best representation possible for a home buyer is not fun and feels too much like work.  Home Buyers just want to look at beautiful pictures of fabulous homes.

 

The first and most important decision a home buyer needs to make is who will represent them, NOT which home they buy or what builder to use.  An Exclusive Buyer Broker (EBA) is the highest and best representation possible for any home buyer.  Would an EBA been able to protect the buyer that purchased the moldy Maronda home.  Maybe, yes or no.  There are no 100% guarantees in life.  A  true Buyer Broker (EBA) isn’t  always going to be a “Knight in Shining Armor”.  But, we are the best base or foundation of having a successful home buying transaction.

 

HomeBuyer Advocate Mike

 

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On Tuesday, February 19, 2008, a couple in Franklin County Court won a jury verdict against Maronda Homes for nearly 3.2 million dollars.  The couple, Roman and Jennifer Cosner alleged that Maronda Homes knowingly sold them a defective home.  The jury verdict in favor of the homeowners stated that Maronda Homes did sell a defective home and that Maronda was aware of that fact.  Maronda acted in an “unfair, deceptive or unconscionable” manner.

Maronda has always had a reputation for building the biggest square footage home possible at the lowest price.  No other local production home builder can even come close to the price and square footage of Maronda Homes.  There is usually a reason why this happens.   It is not really complicated.  Home owners should stop being so naive.  You buy the lowest priced “anything” and you are going to have problems.  I don’t care if you buying a new home, a toilet seat or a widget.  You get what you pay for!!!!  Like many home builders, Maronda has had it’s fair share of unresolved consumer complaints.

In my opinion, this could be landmark case for new home builders.  The jury ruling in this case has now set a precedent for all future, similar cases.  I would be really curious to see how this affects the policies and procedures of other builders in our area.  I bet many builders are now “scrambling” to figure out how to adjust their business practices to deal with this jury verdict.  

I’m glad the home owner had won their court case.  But, I guarantee you, that they probably didn’t use an Exclusive Buyer Agent to help them purchase their new built home.  If they had the proper Buyer Broker representation looking out for their best interest then this problem probably would not have happened.  As consumers we have to be accountable for our bad decisions or lack of…..

Stay tuned for future posts on this topic.

HomeBuyer Advocate Mike
Representing People, NOT Property!

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