Under contract for a house and electrician made a big, costly discovery as far as repairs go… uncertain now. My realtor seems to think they can negotiate work to be done before I move in.

Hello. I’m in the inspection week. It ends Sunday. I called home inspector and they found cloth wiring. Home insurance won’t cover the house because of this. I called electrician company for a further inspection and they discovered that the cloth wiring (it’s what they used back in the day. House was built in 1960) is all throughout the entire house, so he says. At first he made it sound like it wasn’t that bad then upon further inspection he said it was… It’s not a fly by night company.

This would also mean destroying the walls to access the outlets, etc. Basically all through out the house… (the house is 950 sq ft). Electrician estimated at least 10k on his end. Not including for the drywall to be destroyed and then repaired. So figure another maybe 5-10k (idk) for dry wall and ceiling repair. Then I’m assuming a painter would have to come in and paint the place again (another few thousand)… I’m kind of thinking this isn’t going to work out. I’ve spend $900 out of my own money on inspections already between the home inspector, a plumber to inspect something, and the septic people.

My realtor seems to think they can talk to the seller into doing all the work because no insurance company will cover the house (my realtor claims) as it sits right now. I’m also wondering if I should get a 2nd electrician to come out and have a 2nd opinion on it. I’m pretty shocked and really bummed out right now. The house is in a good location. The house itself is ok.

submitted by /u/bobevans001
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Hello. I’m in the inspection week. It ends Sunday. I called home inspector and they found cloth wiring. Home insurance won’t cover the house because of this. I called electrician company for a further inspection and they discovered that the cloth wiring (it’s what they used back in the day. House was built in 1960) is all throughout the entire house, so he says. At first he made it sound like it wasn’t that bad then upon further inspection he said it was… It’s not a fly by night company. ​ This would also mean destroying the walls to access the outlets, etc. Basically all through out the house… (the house is 950 sq ft). Electrician estimated at least 10k on his end. Not including for the drywall to be destroyed and then repaired. So figure another maybe 5-10k (idk) for dry wall and ceiling repair. Then I’m assuming a painter would have to come in and paint the place again (another few thousand)… I’m kind of thinking this isn’t going to work out. I’ve spend $900 out of my own money on inspections already between the home inspector, a plumber to inspect something, and the septic people. ​ My realtor seems to think they can talk to the seller into doing all the work because no insurance company will cover the house (my realtor claims) as it sits right now. I’m also wondering if I should get a 2nd electrician to come out and have a 2nd opinion on it. I’m pretty shocked and really bummed out right now. The house is in a good location. The house itself is ok. submitted by /u/bobevans001 [link] [comments]

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