No. of Recommendations: 0
I guess my biggest worry is that this is an older home, even has some knob and tube wiring.

Has the knob and tube wiring been disclosed to the potential buyer? My guess is that the knob and tube wiring will probably need to be replaced before the home can pass a VA inspection.

That said, my guess is that if you are disclosing the knob and tube wiring, you will have a hard time getting any buyer who has to get a mortgage, as homes with knob and tube wiring are difficult to insure (insurance companies have been cracking down on this in the last few years), and mortgage require proof of insurance.

My recommendation would be to replace the knob and tube wiring before you close with any one, as if you know about it (as evidenced by this post on a public message board), don't disclose it, and there is a problem later, you are risking a lawsuit.

If you are disclosing, as said above, you are much less likely to be able to sell to any buyer who needs a mortgage.

AJ
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