Panic Buys Leads to Extra Expenses
Again, panic buys in the real estate market are almost always the wrong buy. There are always issues with such properties, and you will end up incurring more expenses than you expect. This is why you should get an agent when buying a property. The agent knows the things to look out for during inspections.
On the bright side, if they decide to flip the property after completing the repairs, they may be able to get good money for the property, all thanks to the electrical repair works carried out. However, if they had no plans to flip the property, it means that the consolation for spending extra will come from the comfort enjoyed when using the property.