Scope of workWe will rewire all outletWe will rewire all Switches and lightingWe will remove all Knob and tub in atticWe will provide all new outlets and SwitchesChallenges #1 : The house is move in ready.

Worse is there could be grounded outlets that are not actually grounded.

ARe GFCI outlets in the right places?

The thing I have found is that the buyer client focuses mainly on "lowest rate"...sometimes, they choose a large national lender that advertises on TV, or through their work (military), or some other outlet touting "best in customer service, etc"...In my experience, the large national lenders often slow down the purchase process, or get to a few days before closing and decide that "no, they don't intend to finance the loan because buyer has xyz in their history".  

Also, it could have been the GFCI outlet if an outlet was used.

It is so hard for me to hold back on not replacing something, just so it looks newer or more trendy (for example, swapping light fixtures and door knobs when the ones there might be okay .... or wanting to swap all switches and outlets to Decora when the standard ones already there just need to be cleaned real good). 

What @James Wise said.Plus, 60 amps, that might be old 110V service and those old fabric covered wires.The flickering and surging might be the OLDEN DAYS fabric wires arcing inside the walls (a fire on it's way to starting).Even if the outlets have 3 prong holes and you see some ROMEX, it doesn't mean they redid the whole system with ROMEX, there will be hidden from view junction boxes that might still have old wire in them, or old plastered over live wires.Fix it quick--flickering and surging is not a good thing--it's very dangerous.You may be forced by law to bring it up to current code, GFCI Breakers, etc... ($$$$)And make sure the smoke detectors are up (not expired) and working properly.I shudder to think how you will feel if someone burns to death in there.

I am doing a flip that has a 480 square foot room off the kitchen, 4 windows, double exit door, sub floor, dry walled, heating vents, electrical outlets.

Everything wears out. Let's

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