Foreclosed PARTIALLY Remediated Chinese Drywall Houses FLOOD the Florida Real Estate "AS IS" Market

SARASOTA, Fla. - Sept. 12, 2013 - PRLog -- Consumers or Investors buying or purchasing Real Estate or properties marketed or listed FOR SALE as "Partially Remediated" Chinese Drywall houses or structures and sold "AS IS" with "Right to Inspect", need to understand another potential reason why the property is being sold "Partially Remediated" or "AS IS".

Banks, Lenders, Fannie Mae, Investors, and others have found another legal "LOOP HOLE" that allows dumping or marketing "Partially Remediated" Tainted Corrosive Chinese Drywall properties, the same way they have SOLD foreclosed or repossessed properties with known mold, mildew, structural issues, termite infestations, water intrusion, roof leaks, broken windows, missing appliances, damaged interiors, non-functional components, and numerous other defects, by simply listing the property "AS IS" or "Partially Remediated".

Caveat Emptor is a Latin term, first known to be used in 1523, that means "let the buyer beware" and marketing, promoting, and selling "AS IS" property is just another term or way to say Caveat Emptor.

Realtors, Brokers, Investors and others involved with the Real Estate Transaction or sale of Chinese Drywall structures think liability or future culpability can be avoided, all because the use of the "AS IS" statement, are rapidly finding out, Real Estate Litigation Attorneys or Litigation Lawyers and others, consider this an ethics violation or failure to disclose a potentially known defect or deficiency have now started selling "Partially Remediated" houses or structures in an attempt to avoid liability.

Every profession can have "bad apples" and most, if not all the Real Estate Professionals I have contact with, maintain very high ethical standards, but due to the economy, a few "bad apples" are giving some Real Estate Firms or Brokers major problems with their Insurers or Insurance carriers when asked a few simple questions about "Partially Remediated" houses or structures.

Real Estate buyers, Investors, and Consumers need to assume the worst and hope for the best  when buying, purchasing, or contracting properties marketed or sold "AS IS" or "Partially Remediated" with a very short, or unreasonable "right to inspect" time-frames.

"Partially Remediated" houses or structures simply means just that ... partially done !

Foreman and Associates employees have visited numerous houses or structures currently marketed "AS IS" or "PARTIALLY REMEDIATED" and have to politely explain work performed and explanations provided by seller or sellers agent, fails to "pass mustard" or in simple terms, FAILS TO MEET ESTABLISHED GUIDELINES, and is exactly as represented ... PARTIALLY REMEDIATED !

Questions that need answers and documentation:

WHO performed the "Partial Remediation" ?

WHAT protocol or guidelines did work follow ?

WAS all electrical wiring removed 100% ?

WAS all duct-work, HVAC equipment, and freon suction lines removed 100% ?

WAS "ALL" drywall removed 100% ?

WHAT treatment method was applied and by WHO ?

WHO, HOW, and WHEN was "Clearance Testing" performed and is the "paper trail" provided ?

Do not be another victim of Chinese Drywall or numerous other hidden deficiencies and defects, by demanding and contracting adequate time to accomplish a Tainted Corrosive Drywall Analysis (TCDA) or Comprehensive Home Analysis (CHA) by a trained and knowledgeable professional, that follows our NDE (Non-Destructive Examination or Evaluation) Inspection or Analysis Protocol that uncovers or questions a few major issues, YOU as the buyer are accepting, or asked to overlook would be more accurate.

For more information concerning Foreman and Associates - Tainted Corrosive Chinese Drywall - NDE (Non Destructive Examination or Evaluation) Analysis Protocol or our Comprehensive Home Analysis (CHA) visit :

http://www.ConstructionGuru.com

Educating and Empowering Consumers

Michael S. Foreman

941-955-8111
Foreman and Associates, Inc.