I wasn't gonna post on this as Rick is a friend, but people nobody is responsible for what you have bought but you. To think that a home inspector is, in most cases, qualified to tell you if your furnace is good, fireplace is safe, wiring is to code is just beyond reason. Plumbing apprenticeship FIVE years. Most think of it as shi t going down hill, including me, but facts are facts. Electrician.. similar requirements. Furnace installer certifications. Do you think most of these home inspectors have these qualifications. What ever happened to having a good look yourself... popping the cover plate off the elect panel to see if you're getting something neat or spagettii. Popping a socket cover off to see if you have ground wires, aluminum wiring etc and if you don't know bringing along your father, father-in-law to have a boo for you and then taking the cards you're dealt. Like so many other things we are becoming a "not at fault" society, no different than the wimmin that went thru the ice on Nipissing that everyone was taking shots at.
Panel is grandfathered to code, even the crap in half of Milton with Aluminum wire. Only issue is if it's a 60 amp panel your insurance company probably won't touch it. First question on the applicaton.