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Rehab Home - Aluminum Wiring
Posted on 10/25/18 at 1:30 pm
Posted on 10/25/18 at 1:30 pm
I'm looking at purchasing a rehab home and it has aluminum wiring. i know the price can vary but have any of you in the southeast replaced wiring in a home? If so, is there a general range for replacement?
Posted on 10/25/18 at 1:38 pm to pcolatiger28
quote:
a rehab home
you'll be making bank. people pay like 25k to shite themselves for a week only to go home and relapse and be back after bail again.
Posted on 10/25/18 at 1:44 pm to pcolatiger28
You don’t need to replace all of the wiring, you can just pigtail to copper at the devices. The copper to aluminum wire nuts are expensive as far as wire nuts go, but you should be in and out for less than $1000-$1500 depending on the house size
Posted on 10/25/18 at 2:08 pm to bee Rye
quote:
You don’t need to replace all of the wiring, you can just pigtail to copper at the devices. The copper to aluminum wire nuts are expensive as far as wire nuts go, but you should be in and out for less than $1000-$1500 depending on the house size
This is correct.
Posted on 10/25/18 at 2:26 pm to Chad504boy
That kind of rehab of the kind my dad is in now for recovering from illness?
Posted on 10/25/18 at 5:28 pm to bee Rye
Much appreciated! Would banks loan on a home with a wiring repair vs a complete replacement? In the scenario of a flip, I wouldn't want to rule out a large portion of buyers who would be using conventional loans to purchase.
Posted on 10/25/18 at 6:24 pm to pcolatiger28
quote:
Much appreciated! Would banks loan on a home with a wiring repair vs a complete replacement? In the scenario of a flip, I wouldn't want to rule out a large portion of buyers who would be using conventional loans to purchase.
I cant see why a bank would care, a home inspector representing potential buyers would be the one that could question it. As long as it complies with the electrical code it shouldn't be a issue, but I have had to educate a couple home inspector and show them the actual applicable code, some of them don't know what they don't know.
Posted on 10/25/18 at 6:48 pm to EA6B
quote:
I cant see why a bank would care, a home inspector representing potential buyers would be the one that could question it.
Lenders don’t see the home inspection report anyway. It’s for the buyer.
Your insurance company would care however.
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