Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago,
Should I be concerned about the potential of asbestos floors?
I am looking at a duplex that was built in 1958. The carpet all needs replaced, and in one of the rooms it had been pulled back, revealing old crumbling tile (probably 6x6). It occurred to be that due to the age of the home there could be asbestos, and maybe in both units. The entire sf of both units is 1,900 SF. Does anyone know what the worse case scenario would be? This is a bank owned property so I know there is no chance of the seller paying for any work, and the agent has told me there is no property disclosure report since it was a foreclosure. Any words of wisdom are appreciated!