The home was built in 1978. There was nothing in the disclosures and while I did have an inspection that noted flaws in the ceiling and noted the construction as drywall the risk of asbestos was not risen at the time.
Fast forward and after closing in preparation of updating the home it was brought to my attention that popcorn ceilings around the time period could contain asbestos. I've had the material tested and confirmed, it does in fact contain 4% asbestos. (Above the EPA threshold to be considered dangerous.)
Am I looking at a costly learning experience, and a quick history lesson, or is this a "material" flaw I could have expected the seller to be aware of or the inspector to have provided some insight here? Do I have grounds for financial compensation as an uninformed purchaser?