September 09, 1994|By Jeffrey Steele. Special to the Tribune.
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If you accept asbestos in your home, you may accept two concerns: one for your health, and addition for the resale amount of your residence.
But according to experts in the asbestos-abatement field, for best homeowners alone the closing affair may be valid.
Residential asbestos that is in acceptable action is usually not a bloom risk, says Larry Postol, an advocate with the law close of Seyfarth, Shaw, Fairweather & Geraldson in Washington, D.C.
"For one thing, asbestos tends to be begin in basal amounts in homes," he says. "And for another, it's absurd to become airborne."
Postol, who has auspiciously dedicated companies sued by advisers apparent to asbestos, and who has accomplished asbestos abatement at the Universities of Cincinnati and Georgia, credibility out that abstracts about asbestos-related ache accept been based on studies of bodies apparent to aerial concentrations of asbestos in the workplace.
Occupational acknowledgment has been affiliated to asbestosis, a abiding lung disease; lung cancer; and mesothelioma, a attenuate anatomy of blight that can affect the lungs, abdomen, and sometimes added organs.
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"There are added diseases, but those are the big ones," says Neil Silins, administrator of the asbestos training affairs at the Midwest Environmental and Automated Training Center at the University of Illinois at Chicago.
Homeowners artlessly aren't apparent to the aforementioned aerial levels of asbestos, or for the aforementioned periods of time, Postol adds.
Other assemblage accede that best homeowners face few bloom risks from residential asbestos. One is Charles Lagges, administrator of the Cook County Department of Environmental Control in Maywood.
According to Lagges, asbestos can be begin in roof insulation, balustrade and attic covering, but the above absorption of asbestos is in insulation accoutrement pipes and ductwork in basements of homes congenital afore 1970. If this insulation is gouged or contrarily damaged and asbestos dust is released, a bloom accident can result.
"But asbestos that isn't actuality abashed poses no hazard," he says. "If it's accurately captivated up and closed about boiler plates, for example, it won't account any grief."
Concern for sales
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However, some bodies say residential asbestos is acceptable added of a affair in home sales. Tom Corbett, client of Tomacor Inc., a Chicago home analysis company, sums up the activity of many: "Asbestos apparently poses no bloom hazard if it's larboard undisturbed, but it may affectation a hazard to your home's resale value...."
Erin Brennan, one of the owners of Brennan's PEB & Associates Inc., a Chicago asbestos abatement aggregation that does residential, automated and bartering abatements, has witnessed the growing concern.
She says that several years ago, abounding of her barter weren't anxious about accepting asbestos removed from their homes, already it was begin to be in acceptable condition.
But today, added barter are allurement to accept asbestos removed. "That's because some mortgage companies are saying, `We won't accommodate a 30-year mortgage unless the asbestos is removed from the home,' " Brennan says, abacus that the lenders are anxious about accessible breakdown of and accident to asbestos over time.
Moreover, residential asbestos promises to become a bigger affair in home sales this fall, back the Illinois Residential Real Property Acknowledgment Act goes into aftereffect Oct. 1.
According to Mary Schaefer, administrator of communications for the Illinois Association of Realtors in Springfield, catechism No. 15 on the acknowledgment area to be abounding out by all home-sellers asks if the agent knows there to be "unsafe concentrations of or alarming altitude apropos to asbestos" in the home. Homeowners will accept to acknowledgment the catechism yes, no, or not applicable.
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"They can still advertise their homes in `as is' condition, as continued as they've appear their ability of asbestos," Schaefer says. But a "yes" acknowledgment to the catechism could additionally acquiesce a abeyant client to airing abroad from the purchase, she adds.
Should it be removed?
Is it all-important for homeowners who accept residential asbestos to abolish it to assure their home's value? Some bodies feel the acknowledgment depends on whether the asbestos is in acceptable action or is brittle (capable of actuality ashamed or burst by duke back dry).
Ralph Holmen, chief admonition with the National Association of Realtors in Chicago, takes a abstinent view.
"My acumen is that the exchange is accepting the ability that residential asbestos is not necessarily a bloom problem," he says. "There are lenders who won't accept annihilation to do with a home with asbestos, but there's a trend abroad from the kneejerk acknowledgment to artlessly cull it out."
Holmen feels it's an individual's accommodation whether to abolish asbestos that is in acceptable shape. But if the asbestos is in poor condition, homeowners are brash to accept it removed.
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"It's consistently activity to advice the bazaar amount to booty it out if it's a ambiguous situation," he notes. "But if it can be managed through encapsulation, for example, the amount may not be impacted."
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