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How To Tell If You Need A New Roof by Bill Gassett.
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Scooped by Bill Gassett |
Scoop.it!
Bill Gassett's insight:
In real estate one of the items that is at the top of everyone's list when buying a home is to make sure that the home does not have any water incursion. Whether it is a leaky roof or a wet basement there is nothing that will deter a buyer faster than water penetration. This fact makes it extremely important to know when to replace a roof especially if you are going to be selling your home. The roof often becomes a bone of contention at home inspections.
The buyer does a home inspection and the home inspector explains to the buyer that there are probably only a few years of life left in the roof. The buyer's automatic thought process is to ask the seller to replace the roof. The seller on the other hand is hearing something totally different. The seller rightfully so, knows that the roof has a years of life left. There are no leaks at the present time and everything structurally is fine.
This is where a skilled real estate agent earns their money. Depending on what side of the fence you are on the agent will want to get the best deal for their client.
More often than not I am representing a seller so I have to try to get my seller the best deal possible. In the article I explain the strategy of dealing with roof replacement and the possible solutions. Often times a compromise is reached in situations where a buyer wants one thing and a seller wants something else.
Given the heavy snows and freezing weather this year, this question has come up more often than usual. Bill Gassett does a great job explaining the things to look into and whether it's just time for a new roof.
Unfortunately roofing problems can be expensive - either way. Either you replace it or you may need to deal with the cost of not replacing it. Not replacing your roof may cost you in other areas of the home due to water and ice damage. This may including siding replacement, ceiling and wall repair as well as flooring replacement.
So, check it out before you end up paying for additional repairs.