DEAR BARRY: Our real estate agent said he would find a reputable home inspector for us. We thought this would ensure that we were buying a safe and sound property. But that’s not how it turned out.
After moving in, we learned that our home has knob-and-tube wiring. When our insurance company became aware of this, they canceled our policy. We had the wiring checked by an electrician, and he said it was unsafe. So we paid to rewire the whole house.
If our home inspector had done his job, we would have known about this in time and could have negotiated with the sellers. At the time, we had no idea what knob-and-tube wiring was, and the sellers’ disclosure statement specifically stated that there was no old wiring in the house. Shouldn’t the home inspector or the sellers be liable for the rewiring costs? –Beth