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  #1  
Old 2/10/11, 9:53 PM
Nick Gromicko's Avatar
Nick Gromicko Nick Gromicko is offline
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Default InterNACHI Founder Nick Gromicko quoted by Bloomberg.

http://www.bloomberg.com/news/2011-0...oom-flaws.html



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  #2  
Old 2/10/11, 10:08 PM
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Dale Duffy Dale Duffy is offline
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Default Re: InterNACHI Founder Nick Gromicko quoted by Bloomberg.

Quote:
Originally Posted by gromicko View Post
Good read Nick...!
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  #3  
Old 2/10/11, 10:22 PM
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Default Re: InterNACHI Founder Nick Gromicko quoted by Bloomberg.

Quote:
Originally Posted by dduffy View Post
Good read Nick...!
Yep.


A material defect is defined as one that would, among other things, affect a purchase decision or compromise safety. The boom produced so many because companies “just moved everybody up,” said Nick Gromicko, founder of the Boulder, Colorado-based International Association of Certified Home Inspectors.

“Laborers became plumbers,” Gromicko said, “and plumbers became electricians.”
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  #4  
Old 2/11/11, 12:38 AM
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Dale Duffy Dale Duffy is offline
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Default Re: InterNACHI Founder Nick Gromicko quoted by Bloomberg.

When inspecting a Shaq built in the boom era its not uncommon to find numerous major concerns.

They were tossing them up with undocumented laborers doing just what Nick stated, everything except what they knew how to do correctly (shovel-rake-etc), "Sad but true"--
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  #5  
Old 2/11/11, 3:21 AM
Jeffery L. Haynes Jeffery L. Haynes is offline
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Default Re: InterNACHI Founder Nick Gromicko quoted by Bloomberg.

And unfortunately over the next 10 years and beyond, home inspectors will be part of law suits for not discovering many of these issues.
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  #6  
Old 2/11/11, 4:55 AM
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Default Re: InterNACHI Founder Nick Gromicko quoted by Bloomberg.

“Laborers became plumbers,” Gromicko said, “and plumbers became electricians and General Contractors have become Conspectors.

I figured I wold throw that in for the heck of it.
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  #7  
Old 2/11/11, 6:55 AM
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Peter C. Russell Peter C. Russell is offline
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Default Re: InterNACHI Founder Nick Gromicko quoted by Bloomberg.

Here is a good example of how a 1.00 piece of flashing that was left out when the roof was installed caused thousands of dollars of damage to this home that's less than 10 years old.

There are 50 homes in the subdivision that all have water intrusion.
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  #8  
Old 2/11/11, 10:24 AM
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Default Re: InterNACHI Founder Nick Gromicko quoted by Bloomberg.

When I was in plumbing trade school, they said electricians were plumbers that had gone crasy as they were putting electrical wires in pipes.

Salut!
Marc-Andre from Brossard
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  #9  
Old 2/11/11, 10:30 AM
Gary Farnsworth Gary Farnsworth is offline
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Default Re: InterNACHI Founder Nick Gromicko quoted by Bloomberg.

It is getting harder and harder for us to fit in. Most states have licensing. In most every one of those states, there are dozens if not hundreds of counties that have little, if any, home building codes. Even more do not have any code enforcers or code inspectors to inspect these homes for "code or safety violations" that get built.

So, how do we state when a defect is truly a defect? Questions like this will arise when litigation is started by disgruntled home buyers. Perhaps this is just one of the reasons all commissioned home sales people are no longer suggesting, or saying the words, home inspector.



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  #10  
Old 2/11/11, 10:43 AM
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Marc-Andre Beauchemin Marc-Andre Beauchemin is offline
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Default Re: InterNACHI Founder Nick Gromicko quoted by Bloomberg.

The story of lowest bids with lots of extras!

Seems that some companies deliberately want to come back for more work.

Faster and faster but not enough quality controll inspections!
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