I am in the process of buying a ranch-style house constructed in 1972 and my online research just made me aware of the possibility that the entire house's drywall contains asbestos. If I have it tested, and the test comes back positive, my impression is that I would need to disclose this fact to any future buyers.
Two questions:
Would this disclosure absolutely annihilate the resale value of the property and make it un-sellable without re-drywalling the whole-house? Is this an "ignorance is bliss" type of situation?
How dangerous is it really to have asbestos in drywall that's not disturbed? Is it really true that you can knock asbestos fibers loose just by putting a nail in the wall? Is this type of hazard something not really worth worrying about?
The primary occupants will be two mid-twenties adults and one 16-month old child, with more on the way.