Property Manager · Long Beach, CA · Member since 2015 · 31 posts · 12 votes
Has anyone here ever bought a property with asbestos as the exterior siding material? If so, what are the problems that might arise out of owning or purchasing a property with asbestos siding on the exterior? (Exterior only...not interior.) I am posing this question because I have seen a number of properties with asbestos siding, and am not sure if I should pass on these properties for that reason.
Financial Advisor · Glendora, CA · Member since 2015 · 209 posts · 94 votes
11y
In Texas, most of the older homes have asbestos siding. Can't really get around it. I'm in escrow on one, its not an issue unless you remove it. I have been quoted about $2500 to remove the siding off a 1000 sq ft. home. Its not an issue. I didn't have any problems finding anybody to insure the home. This is in TX though. Don't know about other parts of the country.