Buying an Older Home in Orangeville can Prove Difficult to Insure
In this Real Estate Video Mike Mullin Sales Representative for Royal LePage RCR Realty In Orangeville Ontario talks with Roy Chopp an Insurance and Financial Advisor and owner of The Co-operators on First Street about knob and tube wiring.
Are you planning to buy a historic Orangeville home or perhaps an older fixer-upper?
Various types of wiring may be present in these types of homes that is no longer considered safe. Knob and tube wiring is one of these old systems that is common in many older homes.
Older wiring can prove difficult to insure, so take special care when you are soliciting bids for insurance. This video can provide you with several options for helping you get your home insured, even with an antiquated wiring system.
Since mortgagors require insurance, this crucial step may prove the linchpin in getting your ideal home.