Home > categories > Minerals & Metallurgy > Vermiculite > Has anyone gone through asbsetos removal during the purchase of a home?
Question:

Has anyone gone through asbsetos removal during the purchase of a home?

I am closing on my first home next Monday and we have been in discussion with the seller, a 3rd party bank, about who should pay for removal of asbestos found during the inspection. The vermiculite insulation was found in the eaves on the 2nd floor and inbetween the drywall and studs on that floor as well. There is also floor tile that is said to contain asbestos mastic. I received 4 quotes to remove this, all which came in right around $12,000. The bank has offered us $7,000 to put toward the removal. We are going to forgo removing the tiles and just cover them with carpet. Can anyone tell me if they have been through a similar situation and if it was worth it? Should I walk away if they won‘t pay the full $12,000? I am told the tiles are not a danger to my family‘s health and are in all schools.

Answer:

Is your dirt bike street legal (does it have a licenses plate and insurance)? If it is legal you can ride it but if not you are out of luck and can't use it on the street.
No, you may desire to take the motorbike direction first. then you definately bypass the direction and the DMV will upload letter M on yet another motive force license! i don't be conscious of approximately California, yet I knew in Kansas. if police end by ability of you and verify on your motive force license and notice no M on it at the same time as you experience on the motorbike, you will get a value tag and high quality $one thousand!
NO motorcycle license are for the highway DIRTBIKES are for fun in the dirt
I agree with Bare B above. Leaving the floor becomes a disclosure issue for you once you decide to sell. That may put you in the position of having to pay to remove it anyways to sell the house. In addition, the tiles are not a danger as long as they do not disintegrate or begin to degrade. How can you guarantee that once you cover them with carpeting the moisture from having the carpets cleaned, the pressure from moving furniture or dropping things won't create a very big problem of them deteriorating right under your feet without your knowledge? You may not even be able to find an insurer to give you homeowners insurance without exclusions. Run, do not walk away from this deal unless the bank is prepared to take total financial responsibility for this risk.
Asbestos abatement can be costly. If you do not disturb it and create asbestos dust, there is no problem. Basically, when they remove it, they encapsulate it and dispose of it. As long as it is covered with paint, plastic, etc. to control the dust it isn't dangerous. Now the bad part. If you buy the home, and do not remove it, it will become YOUR issue when you decide to sell. Right now, it is the seller's problem. You can get out of the contract with this safety issue. I would suggest, if you still want the house, to negotiate with the seller as to who is paying for the removal BEFORE you sign on the dotted line. Remember, the realtor is working for the seller, not you.

Share to: