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How to Sell a Home With Asbestos

Posted in Blog on October 27th, 2016 by Hunter Adams

Mentioning to a potential buyer that there is asbestos in the house isn’t going to make the sale any easier. Asbestos used to be viewed as a wonder material with plenty of advantages, but now it has become a hazardous material that’s being phased out of all building materials.

The seller’s property disclosure report is where you need to share the fact that there is asbestos in your home. An inspection of your home will show if there is material that’s likely to contain asbestos. However, to confirm, you’ll need to hire special inspectors to test for asbestos confirmation.

Even if there is asbestos in your home it is not the end of the world. Some buyers might be of an understanding nature because when the asbestos-containing material is in great condition, asbestos exposure will be unlikely. You just need to get an inspection certificate to show that the asbestos material is in good condition and the buyers might not see it as a problem at all. However, if there is damage then getting it repaired as quickly as possible is ideal. Not only for the buyers, but also for your own peace of mind. After all, you need to live in the home until it’s sold.

When hiring professionals, make sure they have a certification from the state to handle asbestos. There are certain methodologies that must be followed when handling this material.