Builder
Super Member
- Joined
- Feb 22, 2006
- Messages
- 6,155
- Tractor
- Kubota, AGCO, New Holland LB
The word asbestos freaks people out similar to the word nuclear. Even though in reality the risk is not that great, and blown out of proportion by those with environmental agenda's.
If these shingles do contain asbestos, from what I've read it's less that 1%. And the current regulations allow me to remove the siding, and put it at the curb for the town to properly dispose of.
I'd be doing all that work myself. I'm not afraid of the stuff, just concerned the regulations in 5 years could make it a nightmare to try and sell the house.
If I go and make an offer on it, and subtract what the cost of a contracting out siding removal, I simply won't get the house. So it's not really on the seller to deal with it, someone will come along and buy it, and not even ask or care about the siding. It's all on me on whether or not I want a potential future headache.
I'm trying to get under the $8000 tax credit here. And in NYS, it's common for a house closing to take 3 months. So I have to make my mind up pretty much now.
That's what i mean. It's more hysteria than anything. If it were really as big of a problem as the hysterical types like to make it, then the seller would be happy to compensate you. He knows it's not that big of a deal, so he's not going to take much, if anything off the selling price. He knows it's a small and relatively safe job to remove it. Replacing the siding, even with something cheap, like new vinyl siding is where the real cost is.
If it's a good deal, you should probably buy it as long as all your other due dilligence & inspections check out OK.