Toxic Drywall Bank Own Properties Resold for Pennies - What happens next?

You may or may not know banks do not have to disclosure toxic houses to potential buyers.  In fact, in Nevada you have to sign a waiver for the normal disclosure form.

So what happens when a investor purchases a home for pennies on the dollar that has toxic drywall?

Nothing. 

The investor will put as little money as possible into the home to get it rent ready without disclosing anything to the potential renter.

What will happen to unsuspecting renters who rent 6225 Red Pine Court after a few months or longer?  Will they get sick?

Who is responsible?

All good questions, with no good answers.

Our Pledge - Test the drywall it may save your life

Our Pledge - Test the drywall it may save your life.

In Nevada, if a bank forecloses on a property and resells it to a Buyer it doesn't have to fill out a SRPD which is a Sellers Real Property Disclosure.  This means if they patch the holes in the wall and paint, they have no obligation to tell the Buyers that there is potentially or in our case have been notified of the tests and health ramifications, PERIOD.

HOUSE SOLD, NEW BUYERS GET SICK, BANK MOVES ON, BUILDER WALKS...

So we are going to notify all of the neighbors, seek out others who are having this problem, put the builders on notice and force the issue until all of the families across the United States are made whole after being physically, financially and emotionally devastated by builder GREED.   This is not an oversight, the builder is in fact responsible.  Period. 

We are banding together with other families across the United States, reaching out to Congressmen, Senate Representatives and Drywall Testing Companies to bring this problem of Toxic Drywall in Las Vegas.

Stay Strong

Homeowners of a Lennar Built Home in 2004
6225 Red Pine Court
Las Vegas, NV 89130