Possible asbestos in my home?

I rencently purchased a home with an FHA loan. I removed the carpet to put in laminate, and discovered that the flooring underneath may be asphalt asbestos. No one told me about this previously. Also, the former owner patched an area of the floor (the subfloor is concrete) and he sanded some of the tile. Should my inspector have told me about the posibility of this floor containing asbestos? He saw the tile underneath, but probably did not see the part that was sanded. Also, he was telling me that it would not be a big deal to even out the flooring. He said that I could grind the high spots and use leveling compound on the low spots. This would obviously involve removal of the Asphalt tile. I am angry that the previous owner damaged the tile and possibly caused a health hazard for myself and my 5 year old son. Now I am looking at staying with a friend until this is resolved. Any suggestions?