On Jun 2, 10:36*am, " wrote:
On Jun 2, 10:32 am, Steve Barker wrote:



On 6/2/2010 8:51 AM, wrote:

I have friends wqho attempted to sell homes with K&T no buyers could
get a new homeowners policy. one person never did sell.

my best friend found he could get a big savings by combining
homeowners with car insurance.

State Farm refused to sell him a policy. Not only over K&T but his
highly detoriated and patched front steps. the steps are different
heights thanks to the patching.

hey its your money and your hassle when you cant get a buyer. so enjoy
your K&T.

incidently several years ago my buddy with K&T smeled something hot,
and found a connection frying in the cieling.

BS, I don't believe a word you wrote.

--
Steve Barker
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it doesnt effect me at all.......

perhaps its a local issue? i dont know

Seems to be local/regional, and maybe come and go in some kind of
fashion swing. When we got insurance on our Toronto place in 2003,
several insurers declined to cover a K&T property; one major insurer
would do so only if we had it home-inspected by a particular (large,
well-established) home inspection firm.

So it's real for some people, in some places, at some times. And
apparently not so for others.

Some years prior the big thing was exposed "insul-brick", this roll-
asphalt fake-brick stuff that got applied over the clapboards of
essentially every house in the city sometime in the prior 50 years.
Couldn't find an insurer to cover a house with the stuff -- after
signing the offer to purchase. So we got the seller to agree to let
us, at our expense, have aluminum siding installed over it, prior to
closing. Obviously a risk that should the deal fail to close, we've
paid to improve someone else's house. Ehh, you take some chances.

Chip