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It is the buyers responsibility to have the home inspected by a qualified inspector, who would have found the asbestos. Your recourse now is little to none ... especially if it was not noted to the seller before the papers were signed. That cost of an inspector now is very small compared to a contractor having to remove the offending material, not to mention the inconvenience of it all.

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Q: After closing on house Asbestos found---is seller liable to repair and eliminate problem?
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