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Updated almost 10 years ago on . Most recent reply

Account Closed
  • Manchvegas, NH
9
Votes |
137
Posts

how much to fix asbestos problem?

Account Closed
  • Manchvegas, NH
Posted

i see a property listed at 50k and they found asbestos on the siding. resale is 130k.

Most Popular Reply

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1,314
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Rob Beland
  • Investor
  • Leominster, MA
589
Votes |
1,314
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Rob Beland
  • Investor
  • Leominster, MA
Replied

You really need to clarify your question. Asbestos is not "on the siding". Siding, in the past was made from asbestos. It is not against any law to have asbestos siding. If the siding is intact, it is perfectly fine. The problem comes when it starts to deteriorate and chip and fall apart then the dust gets into the air and it needs to be taken care of. You don't fix an asbestos problem so to speak. You can put vinyl siding over it but the cost to do that depends on the size of the house. What is your main concern with the asbestos? Also, the property is listed at 50K but the resale is $130K? Why would somebody sell a house for 50K that is worth $130K? More details would be helpful @Account Closed.

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