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Updated almost 7 years ago on . Most recent reply

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24
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2
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Ric Weidner
  • Investor
  • Denver, CO
2
Votes |
24
Posts

50 dollar asbestos question

Ric Weidner
  • Investor
  • Denver, CO
Posted

We have a flip in Denver that we are about to put on the market. It is an older house from the 50’s and has asbestos. We have a certified crew to do the removal that was found in one room. We will not be able to have the work done for two weeks or so but the house is ready to be shown any day now.  We have permission to be in the rest of the house that is not closed off.

Here is the 50 dollar asbestos question: 

is it a good idea to show the house with one room sealed off with plastic ?

Our business partner thinks as long as each potential buyer is told ahead of time what the situation is, and they are okay with seeing the house as is, there should not be any problem. 

Our business partner also believes if we don’t sell the house in the two week time period before the asbestos abatement is completed, we have lost nothing and we can move forward with the sale of the home with the asbestos problem resolved.

Whaddya think ?

Most Popular Reply

User Stats

72
Posts
37
Votes
Steve R.
  • Investor
  • MN
37
Votes |
72
Posts
Steve R.
  • Investor
  • MN
Replied

I would wait until it's done. The average home buyer doesn't have much of an imagination. Also, just mentioning the word asbestos will scare some people off.

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