Last reviewed 10-31-2026Short-Sale.com Editorialglossary

Asbestos

FreddieMac

Updated 10-31-2026

Asbestos

A toxic material that was once used in housing insulation and fireproofing. Because some forms of asbestos have been linked to certain lung diseases, it is no longer used in new homes. However, some older homes may still have asbestos in these materials.

FreddieMac Glossary

FreddieMac · p. 2

FTC

Updated 10-31-2026

Asbestos

A toxic material that was once used in housing insulation and fireproofing. Because some forms of as-bestos have been linked to certain lung diseases, it is no longer used in new homes. However, some older homes may still have asbestos in these materials.

FTC Real Estate Terms

FTC · p. 2

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