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Updated about 9 years ago, 10/27/2015

User Stats

37
Posts
20
Votes
Grant Berthold
  • Rental Property Investor
  • Ames, IA
20
Votes |
37
Posts

Selling a house with ASBESTOS

Grant Berthold
  • Rental Property Investor
  • Ames, IA
Posted

Hi BP!

Currently my wife and I considering selling my personal residence to use the equity to continue to pursue our real estate goals. When we first moved in and were renovating, we tested the popcorn ceiling for asbestos before scraping them. We found them to have asbestos, so we just painted over them to save us the hassle/$ of remediation. Now that we're considering selling, I'm not sure how buyers will react to seeing that there's asbestos (since I now have to check "yes" in the sellers disclosure; almost wish we didn't test for it! haha). 

Have any of you dealt with selling a house with asbestos? How much will this affect a buyer's perception of a property? After doing research I'm no longer scared of it, as long as it's sealed, but I'm wondering how many people would pass on a house b/c of asbestos.

Thanks all!

Grant

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