We are considering buying a 25 year old straw bale house in Central Oregon. A previous potential buyer backed out because they were unable to get insurance from a standard admitted (ie state licensed) insurer. The current owner's policy was grandfathered in, but no new standard policies are being issued by any insurers I can find. I am concerned this problem will limit my ability to sell if needed in the future.
The home has a lot of deferred maintenance. A new roof needed. There is a localized area of the wall where moisture readings are 45% and visible mold in the garage. I am not handy, and not sure how to remediate this.
However, we love the location and would like to make this work. I would appreciate any thoughts you have for us.