One more thing to consider is contacting your local Fire District...
In my neck of the woods, the FD requires an external main service disconnect, and any upgrade via the permit process for any reason catches this, along with strapping the water heater, making sure the door from the garage into the house has an auto closer on it etc...
In most cases the service disconnect is associated with your electrical meter. Typically the "glass" is part of a exterior panel that has a single service breaker that in turn feeds the sub-panels in the house...
If the code in your area requires an external disconnect on upgrade...then demand it as a condition of sale in your offer. Make your offer contingent upon the seller having a simple meter (glass) panel put in with a main disconnect feeding your existing main there by turning it into your sub-panel
Seeing as your considering making an offer, do your home work with the local fire guys...its worth a shot...make sure you couch the offer in terms such as:
My friend is a fireman and he said I will have to upgrade the service drop (overhead) panel with a main disconnect...though this is a minor expense...our offer is going to request that your client (the seller) take care of this as a condition of sale. Here is a copy of the current regulations you can provide your client.
Oneway