Electrical Issues that could be deal-breakers when selling your home
Electrical issues can cause you to suffer in many ways including fire hazards, high power consumption, and deal-breaking when selling your home.
Signs of a noisy neighborhood or problems with the infrastructure are inevitable issues with property deals. But have you ever wondered that basic issues related to your house are equally important? Electricity connection does not seem to have any issues until or unless you face a complete blackout in your home. But when you are out there to sell your house every little detail matters. An electricity problem can be one of the most important factors that home buyers consider while buying your home. If left unnoticed, it can be a major reason behind breaking of an amazing deal.
Faulty electrical wiring
The basis of an electrical system lay on electrical wiring throughout the main circuit board and distributed control system (DCS). Electrical wiring that is exposed and worn out is a definite red flag that wiring is miserably implemented.
Faulty electrical systems and poor wiring can cause potential fire hazards, unwanted power outages, and frequent tripping of the breaker. It can increase the risk of electrocution and can be dangerous during the rainy season. A valid, documented Electrical certificate for homeowners is mandatory, and they are responsible for any such damage before selling the property. They are either required to pay for the required work or lose some money by the hands of bargaining. Therefore, it is recommended that you have a properly installed wiring system as it can increase the value and marketability of your property.
Regularly updated Electric bills
Home buyers always keep a keen eye on previous records of utility bills. It is important that all dues are cleared before interchanging the ownership of a property or else it can be troublesome in property dealing. If the bills are regularly paid and there is no reason for extra deductible charges, the deal goes well. Also, buyers are interested to know about the ups and downs in electric billing pattern as it is an indication of power consumption. If the billing price goes alarmingly high, then there are some definite issues with the wiring system and need an eradication from grass root level.
Old fashioned wiring
For buildings of the Vietnam War era, aluminum wiring was used which is not very common these days. If the building possesses aluminum wiring, then it can be troublesome for later use. Aluminum being cheaper than copper has always been high in demand by builders to save money. Problem is the expansion and compression of aluminum in hot and cold weather which initiates lose connections and increases fire risks. The odds are that aluminum wires are needed to be completely replaced (if you have them installed and are looking to sell your home) as it can cause long-term harm to your building.
If you are about to sell your property and think that once it is sold, nothing can be done and it won’t be your concern, then you might be wrong. It can trouble you more regarding cost depreciation of your property and putting you in hot water. Better seek help from experienced electricians to increase awareness about your property, and contact Mr. Wise Electric for assistance.