FHA 203(k) HUD Consultant – Feasibility Study seems way overestimated

HUD consultant wrote that the entire house needs to be rewired “it all has to go” because he saw evidence of knob & tube wiring in the basement. He said he did not open the breaker box (100A panel with breakers and grounding) or follow the romex coming out of it. He said FHA will never allow a house to have knob and tube wiring. $25k estimate

He has also required that the entire interior of the house get scraped and painted top to bottom. He cited some instances of peeling wallpaper and trim being dinged up. The trim is all solid white oak that has been stained and finished. There is a lot of great woodwork in the house which is a huge selling point for us. HUD consultant detailed that all the trim and doors must be painted over with gloss latex paint in addition to every room being scraped and painted. 10-12k estimate

The house has about 25 windows, a dozen or so are victorian stained glass in hardwood rail & stile frames, cased out in white oak. He has written that all windows must be replaced with double pane low E windows and the woodwork must be wrapped in aluminum. 19k estimate

As far as we can tell, knob and tube wiring is allowed by FHA so long as it is 60A+ and inspected. Is that true?

As for interior painting – is this mandatory?

Removing and replacing the stained glass is a tragedy too, as well as covering the historic woodwork. Is there a workaround?

Painting over all the trim details and taking out the stained glass basically zeroes out why we are attracted to this place. The bedrooms have thick solid oak casing around the oak doors with transom windows above every room. I’m supposed to paint that?

submitted by /u/williestargell1972
[link] [comments]

HUD consultant wrote that the entire house needs to be rewired “it all has to go” because he saw evidence of knob & tube wiring in the basement. He said he did not open the breaker box (100A panel with breakers and grounding) or follow the romex coming out of it. He said FHA will never allow a house to have knob and tube wiring. $25k estimate He has also required that the entire interior of the house get scraped and painted top to bottom. He cited some instances of peeling wallpaper and trim being dinged up. The trim is all solid white oak that has been stained and finished. There is a lot of great woodwork in the house which is a huge selling point for us. HUD consultant detailed that all the trim and doors must be painted over with gloss latex paint in addition to every room being scraped and painted. 10-12k estimate The house has about 25 windows, a dozen or so are victorian stained glass in hardwood rail & stile frames, cased out in white oak. He has written that all windows must be replaced with double pane low E windows and the woodwork must be wrapped in aluminum. 19k estimate As far as we can tell, knob and tube wiring is allowed by FHA so long as it is 60A+ and inspected. Is that true? As for interior painting – is this mandatory? Removing and replacing the stained glass is a tragedy too, as well as covering the historic woodwork. Is there a workaround? Painting over all the trim details and taking out the stained glass basically zeroes out why we are attracted to this place. The bedrooms have thick solid oak casing around the oak doors with transom windows above every room. I’m supposed to paint that? submitted by /u/williestargell1972 [link] [comments]

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