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Although the use of asbestos has declined since the 1980s, it remains in several different types of building construction materials for insulation and as a fire retardant. Typically, asbestos can be found in materials such as ceiling and floor tiles, heat-resistant fabrics and coatings, and roof shingles. You may also find asbestos in textured paint and patching compounds.

If you have an older electrical system with fraying wires and other signs of damage, removal  may be the best course of action. When asbestos begins to break down, it's more likely to become airborne, increasing the risk of health issues when it's inhaled.

However, if the system is in good condition and doesn't have visible signs of wear or damage, leaving it alone may be the safest course of action. An asbestos abatement and removal professional can help you determine the best way to proceed.

If you hire a dedicated asbestos inspector near you in addition to your local home inspector, it will cost between $200 and $800. If, however, your general home inspector happens to be certified as an asbestos inspector, they can charge you a smaller fee and tack on the cost to the home inspection. In general, home inspectors do not do physical testing, but will provide a visual assessment so you know what you are working with.

Asbestos can be found in many building materials, especially if the materials were installed more than 20 years ago. Asbestos-containing materials (ACM) can include:

• Acoustic ceiling tiles

• Furnace insulation

• Home appliances

• Fire-retardant clothing

• Cement pipe

• Pipe insulation

• Wall and ceiling insulation

• Vehicle brake pads

• Vinyl flooring

• Sprayed acoustic ceilings

• Stove insulation

• Patching compounds

• Textured paints

• Roofing shingles

• Siding