We are hoping to close soon on a south slope two-family. during the inspection it was discovered that the pipes in the basement are all wrapped in asbestos. the seller has agreed to remove/abate and pay for it, but doesn’t want to do it until after the tenants move out, which is 60 days, right around the closing.

Does anyone have any advice or companies I could call myself to see if this is indeed a harmful process or if it could be completed while tenants are still occupying the building?

Any advice is much appreciated.


Comments

  1. All old houses had this at one time or another. I don’t blame the current tenants for not wanting to live there while its going on. I don’t see why it matters one way or the other – as long as its done by a professional company before you move in, the net result is the same.

  2. If the lining is good condition and you’re not planning any parties in the cellar, why not leave well enough alone? You can always do the abatement later.

  3. I saw have them take care of the issue. Give them a list of two or three companies to choose from to ensure they use a reputable company – write this in the contract. If you were in their position, you would find the cheapest place to do it – we all would.

  4. Good point, denton and cottontop. Yes, we’d need the cash which is tight already, so our preference is for the seller to do it. I guess we should include the reinsulation in the contract as well, which I had not thought of.

    So a different company tests the air quality afterward, correct?

    I guess we should add that in as a contingency as well.

    Man, that asbestos is a REAL pain. 🙂

  5. if you did it yourself, wouldn’t you need the cash? For my house, it was 3K. It’s almost like adding to your down payment. I don’t think that they can give you a cash refund (though I could be wrong). I think I’d actually lean towards letting the seller do it, so you have a nice clean house when you take possession. Just make sure you get the paperwork, including the air-quality tests afterwards.