Profile picture for user04050668

Home inspection found the house may need a new roof?

Should I ask the seller to pay for a new roof, but I increase the offer price of the home based on 50% of the cost of the new roof (eg. $2500) installation .  Or, do I lower the offering price and pay the entire cost of a new roof myself?

  • August 23 2013 - Holiday
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Answers (5)

Profile picture for dsorensen
I would definitely bring in a licensed roofer to check it out before I made any decision, however in your request for repairs you could suggest a credit for the repair.
  • August 23 2013
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Profile picture for wetdawgs
Would you mind sharing the exact wording from the inspector?   My personal first step if this was a general home inspector would be to hire a roof inspector.   

Usually things move forward with financing if they estimate the roof has 5+ years of life left.   So, if you are thinking of a 30 year roof the seller may consider paying for 1/6th of the cost.  A 50 year roof, 10% of the cost.  

  • August 23 2013
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Profile picture for Ofe Polack
What is the advice given to you by your buyer agent? It is difficult for us to give advice in isolation, we don't know the price of the house, if you offered listing price or a reduced value up front. Can you let us know the exact wording used by the home inspector? "May need a new roof" is seldom a reference made by a licensed home inspector. Their recommendations usually relate to the condition and/or life expectancy of the roof.
  • August 23 2013
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It might be better to have the roof replaced prior to closing - especially if the roof has gone past its lifespan. Many insurance companies will refuse to insure if the roof needs replacement.

Who pays for the roof (buyer, seller, both) is open to negotiation.

If the roof is still serviceable (has three or more years of life left) it may be difficult to get the seller to pay for a roof. But it doesn't hurt to ask.
  • August 23 2013
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Profile picture for Carole Tyne
Ask the seller to pay for it.   Let them come back and make alternative suggestions.  
  • August 23 2013
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