If you live in or are looking at a home for sale that was built before 1990, it might have asbestos in certain building materials like older tile and drywall compound. It was a widely used construction material because of its thermal resistance, strength and sound absorption. In those days, asbestos was commonly used in ceiling and floor tile, siding, insulation and in the compound used on seams between pieces of drywall. Older vermiculite attic insulation may also contain asbestos. Learn more about asbestos in the home.