Old house wiring
- Thread starter mirceaco
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physis
Senior Member
Re: Old house wiring
The Real Estate Agent can tear the building down and build a new one if he or she wants to. But they'd probably rather someone else did.
No.
You don't have to make every exisisting building meet cuurent building codes.
And, it wont raise the property value.
Don't get me started on real estate people.
The Real Estate Agent can tear the building down and build a new one if he or she wants to. But they'd probably rather someone else did.
No.
You don't have to make every exisisting building meet cuurent building codes.
And, it wont raise the property value.
Don't get me started on real estate people.
hurk27
Senior Member
- Location
- Portage, Indiana NEC: 2008
Re: Old house wiring
I agree with you Sam but Insurance agency's and mortgage company's and Even FHA, Va, HUD will require the home to meet a bare minimum of 100 amps and GFCI's by sinks before you can get the loan or insurance.
I agree with you Sam but Insurance agency's and mortgage company's and Even FHA, Va, HUD will require the home to meet a bare minimum of 100 amps and GFCI's by sinks before you can get the loan or insurance.
mreeves007
Member
Re: Old house wiring
The requirement for FHA, Va, etc. to get a loan is not always true. I recently bought a house with 100Amp service, fused, 2 wire with no GFCI circuits. Because it was built when GFCI was not required (1960), the house is grandfather claused. I believe the only thing the loan companies care about is that the house is insured before lending you the money. So any wiring requirements would be due to the insurance company, not the loan company. I have yet to know of any insurance company refusing coverage due to home wiring that was up to code when the house was built.
The requirement for FHA, Va, etc. to get a loan is not always true. I recently bought a house with 100Amp service, fused, 2 wire with no GFCI circuits. Because it was built when GFCI was not required (1960), the house is grandfather claused. I believe the only thing the loan companies care about is that the house is insured before lending you the money. So any wiring requirements would be due to the insurance company, not the loan company. I have yet to know of any insurance company refusing coverage due to home wiring that was up to code when the house was built.
al hildenbrand
Senior Member
- Location
- Minnesota
- Occupation
- Electrical Contractor, Electrical Consultant, Electrical Engineer
Re: Old house wiring
In my experience, there are many sources of "forced" improvement associated with the sale of a dwelling. </font>
The selling and buying of a house is rarely the same thing each time. The deal is built from a strange mix of things, and, in many deals, few, if any, of the individuals involved know the whole picture. . .each sees enough of the picture of the deal to do what is needed.
Interestingly, the GFI requirement is not in the NEC, as the NEC deals with new installations. The wiring in an existing building is controlled by the entities listed above, if any of them fit for the particular house. Sometimes, there is no regulation at all.
Bottom line, my conservative approach would be to wait and see.
In my experience, there are many sources of "forced" improvement associated with the sale of a dwelling. </font>
- <font size="2" face="Verdana, Helvetica, sans-serif">Local ordinance that inserts itself in the process of the sale.</font>
- <font size="2" face="Verdana, Helvetica, sans-serif">The local Fire Marshall.</font>
- <font size="2" face="Verdana, Helvetica, sans-serif">Mortgage programs, especially FHA / VA.</font>
- <font size="2" face="Verdana, Helvetica, sans-serif">Loan underwriters.</font>
- <font size="2" face="Verdana, Helvetica, sans-serif">Inspection deficiencies noted on report requested by the loan underwriter.</font>
- <font size="2" face="Verdana, Helvetica, sans-serif">The insurance agent.</font>
- <font size="2" face="Verdana, Helvetica, sans-serif">The insurance company.</font>
- <font size="2" face="Verdana, Helvetica, sans-serif">The insurance policy.</font>
- <font size="2" face="Verdana, Helvetica, sans-serif">The buyer and the buyer's realestate agent.</font>
- <font size="2" face="Verdana, Helvetica, sans-serif">The seller's need, assumption, misinformation or fear.</font>
The selling and buying of a house is rarely the same thing each time. The deal is built from a strange mix of things, and, in many deals, few, if any, of the individuals involved know the whole picture. . .each sees enough of the picture of the deal to do what is needed.
Interestingly, the GFI requirement is not in the NEC, as the NEC deals with new installations. The wiring in an existing building is controlled by the entities listed above, if any of them fit for the particular house. Sometimes, there is no regulation at all.
Bottom line, my conservative approach would be to wait and see.
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