“Can you sell a house with asbestos?” This question has plagued the minds of more than a few people who have perhaps bought or inherited an old house that was built with asbestos.
If you own a house that was built during or before the 1970s, then the chances are that your house was built with asbestos – a heat-resistant silicate mineral that has been found to be carcinogenic and generally toxic to humans. A lot of homes were built with this material before it was tested and found to have potential disastrous health consequences to anyone who ingested the substance through respiration.
With regards to the “can you sell a house with asbestos” question, we will not only tell you if you can sell a house with asbestos, but we will also take it a step further by telling you how to sell a house with asbestos. But first, what is asbestos?
What is asbestos?
Being a member of the family of six other naturally-occurring silicate minerals, asbestos is a highly fibrous, heat-resistant, chemical-resistant, strong, and fireproof material.
Because of its special qualities, asbestos was popularly mined throughout the mid to late 1900s. This is understandable, as asbestos does make a strong, durable house-building material if it wasn’t later discovered to be as injurious as it is to human health.
In the early 2000s, studies began to reveal that asbestos has potentially fatal consequences to human health. It was first discovered that the tiny fibers asbestos comprises can potentially irritate and scar the lungs, causing them to react and become stiff, resulting in breathing difficulties to the person exposed. This progresses and gets worse over time, potentially leading to lung cancer.
Other diseases noted to be caused by exposure to asbestos include mesothelioma, ovarian cancer, and laryngeal cancer.
Asbestos test: how do I know if my house has asbestos?
You may suspect that your house was built with asbestos, and if you do, then you can do an asbestos test by yourself by easily purchasing a DIY kit for between $30 – $60 at a store, or have professionals come to do the testing for a few hundred dollars to limit your risk of exposure. The second option is more advisable.
Can you sell a house with asbestos- the hard facts
Now, back to our “can you sell a house with asbestos” question. With regards to whether you can sell a house with asbestos or not, the answer is yes, you can.
Yes, you can sell a house with asbestos, however, in order to do so, you will legally be required to either disclose that the house you intend to sell was built with asbestos to the potential buyer or to remove the asbestos by yourself before selling.
Taking either option will affect how the sale will go in its own unique way.
How to sell a house with asbestos
When it comes to the practical dilemma of how to sell a house with asbestos, you have only two options: you either dispose or disclose.
If you decide to go with the first option (which is to dispose of the asbestos material), then it means that you will be required to hire professionals to remove the asbestos that the house was built with. The cost of doing this could potentially run into thousands of dollars.
If you choose to disclose that the house was built with asbestos, on the other hand, it may affect the overall price that you get offered for it by your buyer. Nevertheless, this is only fair considering that they are now assuming the responsibility for fixing the house to make it habitable or sellable.
What then do you do?
Selling a house with asbestos to Tgaz Investments LLC
If you are considering selling a house with asbestos, we buy all houses in “as-is” condition and help you retain the bulk of the money you made from the sale.
This means that we will give you the best value offer for your home without you having to spend a single cent on expensive renovations and repairs.
If your home was built with asbestos, then selling with Tammy is probably the best offer you’re going to get. Don’t hesitate. Give Tammy a call today at (480)-848-7173.
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