General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 13 years ago,
Lead paint and rewiring (rental built before 1978)
I've been to see an REO that's been sitting on the market (built in 1970). It's in reasonably decent shape but it does have aluminum wiring, which I would need to have replaced for insurance (and safety) reasons if I bought it. I think I could get the house for a low price if I made an offer.
The EPA's new law statest that if more than six square feet of drywall, etc. in the interior of the house is disrupted, a contractor with the new EPA lead safe certification needs to do the work.
I've looked at the EPA's list of contractors and none of the electricians I've worked with in the past have this cert. The one place I've been able to find (locally) so far that does have the cert also has horrible reviews on Google.
Would you pass on making an offer on this house, or take a chance and have one of the non-certified electricians do the rewiring? I don't know whether this could come back on me in the future.
I know that one option is testing for lead paint, but I've seen some here recommend against doing that, because then you'll be forced to disclose that it contains lead paint when you sell the house eventually.
Thanks.