In 1977, the official state rock of California was found to cause cancer. Asbestos-- a building product hailed through most of the 20th century as a "wonder fiber" was killing workers who breathed its microscopic dust in mines, asbestos plants and shipyards, decades after their exposure.
When the Environmental Protection Agency discovered this, they began restricting its use.
This natural mineral, drawn from serpentine rock, stands up to intense temperature. Prior to its toxic waste status, its outstanding resistance to heat, combined with its fibrous makeup and low cost, ushered it into the manufacture of thousands of products from toasters to ductwork for more than 60 years.
With the discoveries of asbestos hazards, an estimated 25 million American homes gained a new kind of poltergeist: an invisible menace that may or may not be floating in the air and that is --at the least-- scary. Though the EPA restricted its use as a building material in the 1970s and proposed a 10-year phase-out of products containing asbestos in 1986, people living in homes and using products built earlier are understandably nervous.
In addition, lending institutions and real estate buyers are balking at properties that contain asbestos hazards. "It's becoming a liability issue. If you expose future home buyers to a known hazard or sell a property without full disclosure, you're setting yourself up for law suits."
Do small amounts of asbestos in your home really pose a health threat? How can you determine whether or not your home contains asbestos? If it does, what should you do about it? You may be surprised to find that asbestos is relatively easy to identify and --if it presents an immediate hazard-- dealing with it can be a manageable task. Find a Pre-Screened Asbestos Testing Pro in Your Area
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125