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If you are one of the folks whose house got dressed up with asbestos siding back in the day, all is not lost. It is more dangerous to disturb asbestos by removing it than to leave it alone.
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Could negotiate a lower price;
Is it safe to buy a house with asbestos siding. Well, if it’s in good condition, you shouldn’t worry about it. Unfortunately, some insurance companies will not insure a home with asbestos siding, so it may increase the difficulty and cost of acquiring homeowner’s insurance. The kicker is that it has to be disclosed to the buyer.
In general, though, homes with asbestos siding are viewed by most buyers and sellers as having a “problem”, much like a home with foundation issues. Asbestos siding is a non issue. But buyers will want a plan in place to handle the asbestos at some point while they own the home.
Buying a house with asbestos comes down to personal choice. The house has vinyl covering the exterior (not sure if this makes a difference). It’s pretty serious, but according to health canada, one of the world’s leading sources of unbiased information on the subject, “if asbestos fibres are enclosed or tightly bound in a product, for example in asbestos siding or asbestos floor tiles, there are.
$31,875, requesting lender to pay all title costs (to keep loan amt. Should you buy a house with asbestos siding on it? Having asbestos in a house isn’t dangerous or illegal, but if it is damaged or begins to crumble, it can pose a health risk to those living in the home as well as anyone that visits.
Many people simply install vinyl siding right over the asbestos siding, thus encapsulating it, without any problems. If it were a problem i would specialize in asbestos siding removal and vinyl siding installation. Therefore, it is good to know that if your siding is in good condition and intact, asbestos poses a relatively low.
However, if you fully understand the risks and the potential costs, buying a house that you suspect contains asbestos isn't necessarily a bad idea. The question is whether that’s the case or not. Learning that a home's siding contains asbestos can lead many homeowners to a panicked fear that this siding must be removed immediately.
Just make sure you are buying the house at a good price that takes into. We were fully prepared to buy the house before we learned about the siding. It is perfectly legal to sell a house with asbestos siding.
The short answer is that the presence of asbestos siding is most likely safe as a siding material. Well maybe, it wasn’t quite the same, but you get the idea. The general take on asbestos siding is that it’s dangerous and expensive to remove, so that often translates into a perceived lower value for a home that has asbestos cement siding, in the eyes of many home buyers and sellers.
Therefore, it’s probably ok to buy a house with asbestos siding, and there may be no reason to remove the asbestos (asbestos abatement). It is very brittle and has a tendency to crack and break when nailed, which can release asbestos fibers into both the air and ground. Exposure to and breathing asbestos fibers can result in lung problems and cancer.
Knowing the facts about buying and selling a home with asbestos will allow you to make an educated decision on whether the decision is right for you. Learning that a home's siding contains asbestos can lead many homeowners to a panicked fear that this siding must be removed immediately. I don’t know if this should be a dealbreaker or not.
The best answer to whether or not is it safe to buy a house with asbestos is to get yourself an asbestos evaluation. It is actually a very durable ,long lasting product. So, if you don’t disturb it and keep the surface painted, asbestos siding should not be a health risk.
Most experts, including the epa, agree that it should not be removed, but simply left alone. Covering asbestos siding (the fancy term is “encapsulating”) is often recommended and can be safer than trying to remove it. Asbestos is only dangerous if it’s been disturbed and is in the air, so it’s not necessarily a bad idea to buy a home with asbestos.
An asbestos management plan will set out the best course of action to keep you, your family, and any tradesmen working in your home safe. It’s a necessity if you’re buying a house that you know contains the fibre. Can you sell a house with asbestos siding?
I would be rich beyond my wildest dreams. Health experts largely agree that as long as the asbestos securely contained, it should not pose a threat. Asbestos siding is composed of asbestos fibers mixed with portland cement.
1) some insurance companies will not insure a home with asbestos siding, so it may increase the difficulty and cost of acquiring homeowner’s. Asbestos materials pose a low risk if they remain undisturbed and in good condition You’ll need to disclose it if selling the house but it’s a safe and effective way of ensuring that asbestos siding remains intact and inert and not dangerous.
Managing the risk of asbestos in your home What beanie babies were to the 1990s, asbestos siding was to the the 1930s. Unless the real estate agent unequivocally confirms that the property is free of asbestos, full professional asbestos testing and evaluation is worthwhile before purchasing the home.
The siding seems to be in good shape but we would of course have this verified by an inspector. Asbestos siding is safe as long as it isn't friable (crumbling). The environmental protection agency (epa) weighs in.
It will likely be harder given that homeowners would prefer materials that they do not believe pose health risks to them. In this article, we’ll discuss the possible risks of buying a house with asbestos, and how to proceed. I would leave it alone , unless it needs painting , then paint it.
Here are some pros to consider when buying a house with asbestos: Failure to disclose an asbestos problem can result in some big lawsuits in the future. The health risks of asbestos are well documented, and any homeowner is advised to exercise caution when it comes to a building material that contains asbestos.
Would you buy a house w asbestos exterior siding covered by vinyl?? In fact, you can sell a home that has asbestos in a number of different locations.
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