Posted by shawn crawford on September 28, 1999 at 10:13:28:
Unless you are removing the siding you should have no problem with the house.
asbestos siding concerns - Posted by marty
Posted by marty on September 28, 1999 at 09:03:44:
Hey Everyone,
I am interested in putting a bid in on a bank owned property. It is an older home that needs some cosmetic work inside. What concerns me is that has asbestos shingle siding. Does this pose any health concerns to the tenants? I am interested in doing a L/O with this property if my bid is accepted. Will I have difficulty finding a T/B with children because of this? The home is in a nice neighborhood, mostly families. Can I ignore this asbestos shingle siding concern, or should I figure removal and new siding costs into my offer?
Thanks for the input!
God bless
Marty
Re: asbestos siding concerns - Posted by Karen McCall
Posted by Karen McCall on September 28, 1999 at 19:35:50:
First of all you will be required to disclose this to any prospective tenants (cya), but Asbestos can be covered if it is not crumbling or deteriorating, but if you were L/O ing it and the laws change you could be required to remove it before closing on the property. However because it is usually not very expensive (usually around $2-$4 @ sqft) to remove you could have it professionally removed and never worry about it again. That would be my course of action.If you want to do this look under abatement in the phone book, and you should find somebody if not, you can call the dept of Agriculture in your area, and they can usually recommend someone to do it.
Re: asbestos siding concerns - Posted by Leslie W
Posted by Leslie W on September 28, 1999 at 16:18:30:
How did you know that there was Asbesto siding on the house? Our county records in Baltimore says Asbestos shingle, is this how you knew or was it disclosed?
Thanks,
Les
Re: asbestos siding concerns - Posted by steph in tex
Posted by steph in tex on September 28, 1999 at 13:44:36:
my understanding is that you should cover the asbestos siding rather than remove it. it becomes airborn when you start cutting, tearing, removing etc…
i was told that i could go right over it with siding, and that would eliminate the problem. good luck
steph in tex
Re: asbestos siding concerns - Posted by d.henderson
Posted by d.henderson on September 28, 1999 at 11:21:51:
Some insurance companies will not insure asbestos covered homes. If the asbestos is covered by paint or another type of siding you don’t have a problem. Any type of construction on the house involving cutting through or tearing down any of the asbestos shingles will cause problems IF the tenants want to make an issue of it. But as far as that goes people are sue crazy.Case in point: There is this woman that calls me about once a month checking on houses (no way will I rent to her because of all the suits that she brings against people) she has one suite against one landlord because of lead paint in an older home. Her small son, chewed on the window sill ingesting lead paint, causing him brain damage?? Now she is sueing the landlord that she has now because of faulty wiring?
In Texas there are many of these homes out there, and now people are more aware of the problems with asbestos. It’s up to you, but you need to be aware of any problems that could rear it’s ugly head in the future.
dee-Texas