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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.

Asbestos was commonly used in cloth wiring, but not all types of cloth wiring contain it. The age, condition, and appearance of the wiring can provide clues as to whether asbestos is present or not, but the only way to know for sure if the wiring has asbestos is to have it tested.

Professional asbestos testers or environmental consultants are the best people to call to test for asbestos. An asbestos testing company specializes in collecting and analyzing samples and will be the most qualified to do the job for you. An environmental consultant may not specialize in handling asbestos, but should still have the knowledge and know-how to safely collect a sample and send it off for analysis.

Whether or not to buy a home containing asbestos is ultimately a decision for the homebuyer, and there are several things to consider. When in good condition and contained, asbestos is unlikely to present a health risk—it’s when those tiny fibers are loose and airborne that they become a problem. Consider any renovations you plan on doing to the home that could disturb existing asbestos and the cost of removal. If an inspection finds asbestos in a home on the market, you could negotiate with the seller for a lower price, though this isn’t a sure thing.