This week we have the first Chinese Drywall Lawsuit involving a Florida Couple who bought their home in early 2008 and they were seeking 4.3 million in damages. This is the first of over 40,000 pending cases. I have written a few blogs on Chinese drywall over the last year about this problem and early on it wasn't known to be a real problem however as more and more cases have come forward, the problem seems more real than ever. With this initial jury award it seems the if has been put to rest and now the questions are how many homes have this defective Chinese drywall and how much it will cost those along the supply, manufacturing and building chain will have to pay.
Branch Manager, Highlands Residential Mortgage, Ltd., Palm Beach Gardens Florida
My website - www.MichaelCantwellTeam.com
My Mobile # 561-262-5366
Branch Manager - NMLS: 644428
Highlands Residential Mortgage, Ltd. - NMLS: 134871
Highlands Residential Mortgage, Ltd. is an Equal Housing Lender – This is not a commitment to lend.