Stucco Guarantee or Bond

A stucco inspection and repair company provides a guarantee and an estimate of about $8,000 to a stucco homeowner that had his house for sale. In fine print, nearly $13,000 in additional repairs are mentioned, but represented as “only necessary if the areas are found to be moisture damaged.” The moisture inspection already showed these areas to be “soft” meaning the area had, at the least, damaged substrate wood. The open-ended contract is sold to the unsuspecting stucco customer, but the actual repair bill is over $21,000. This scam has been pulled on hundreds of unsuspecting homeowners. Stucco sellers and buyers …. Beware!