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Homebuyer, Home Buyer in Charlotte, NC

Responsibility for Replacing a Roof - Buyers or Sellers

Asked by Homebuyer, Charlotte, NC Thu Feb 11, 2010

We recently made an offer on a home, which was accepted. The home was inspected, and the biggest concern was the roof. Our realtors sent a roofing company to assess the damage and make a recommendation, and they felt strongly that the roof needed to be replaced. The sellers are asking another roofing company to provide a second opinion. Where does the responsibility lie in this situation? Are the sellers responsible for replacing the roof and paying the full cost, should it be split (say 50% or another percentage), or should we (the buyers) have to pay for the new roof? Isn't it considered a structural issue?

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Answers

42
I agree with some of the other statements.
1. It's negotiable.
2. A second opinion certainly could not hurt.
3. If you failed to read the SPDS before putting in the offer, then the hones will likely be on you. If they failed to provide them until after you put in the offer, then it's negotiable - likely in your favor.
4. If you feel the situation is not worth it, walk away during the 10-day inspection.

An option is to call a local roofing contractor to come out and give you a life-expectancy report on the roof. Then find out what warranties are on the roofing materials used, and find out if the company who did the install warranties their product.
2 votes Thank Flag Link Fri Sep 26, 2014
I agree with Matt's points; you need to make sure you are paying attention to all of the documents and timing of everything. I would recommend sitting down with the sellers and discussing what the different prospects are. Then you can come a decision that both of you are comfortable with.
http://www.earhartroofing.com/past-projects
Flag Tue Apr 21, 2015
Matt makes a really good point. It depends on what information you had when you put down the offer on the house. You have a period of due diligence before you put down the offer, and if they provided information about the roof, you'll likely have to pay to replace the roof. If they didn't mention the roof in the documents, you'll have a lot more room to negotiate. Just make sure you get a good roofing contractor to make sure that all of the necessary repairs are done correctly. http://thumplocal.com/local/queens/roofing-contractors
Flag Tue Jan 13, 2015
It would probably be in the best interest of the owner to replace the roof. That will make his house much easier to sell. Having a house spend less time on the market is worth a lot in the long run. With that said, you'll have to work out an agreement with the seller for who will ultimately be responsible for the roof.
1 vote Thank Flag Link Fri Jun 6, 2014
It might be in the best interest of the seller to replace the roof, but that doesn't mean they will. It is the responsibility of the buyer to make sure they get what they pay for. I would demand a replacement roof or a credit. Either way, you need to make your intentions clear before the deal progresses any further. There is still time to back out at this point, but that may not always be true.

http://www.goroof1.com
Flag Tue Jan 27, 2015
I think it really depends on the extent that the roof is leaking. That can really play a big part in everything. If it is unsafe, then the seller should really be the one that's paying for it. http://www.permaboot.co/howitworks.html
Flag Mon Nov 24, 2014
I'm not sure who is in charge of it. I would contact the owner and discuss a solution to figure out who would be in charge of the roof. This will probably be your best bet on finding out who will take care of the roof. Good luck and I hope everything works out for you! http://www.deananddunnroofing.com/roofing/
Flag Thu Oct 30, 2014
I agree i would think they bought the home with a great roof and would want the next buyer to have a great roof too, as they should of replaced maintenance wise already..
Flag Wed Sep 24, 2014
If the roof is leaking or unsafe, replacing a roof is the responsibility of the seller. All safety and structural issues are the seller's to fix. However in my experience, it is better for the buyer to get estimates and then agree to an amount of a credit off the purchase price. Would you really want someone to fix your roof that was moving out? Credits are always better than having most work done.
1 vote Thank Flag Link Mon Feb 22, 2010
I agree that if the roof is leaking it is unsafe. It could cause mold to grow and other issues as well. I would recommend looking into getting it repaired as soon as possible. http://www.acrroofingcorp.com/roofing/
Flag Tue Jan 6, 2015
I'm in the midst of buying a home. Toured it, fell in love, and put in an offer. Fell in love until I saw the inspection report. Evidence of water damage, evidence of past rodent infestation, outdated electrical outlets, and worst of all, a roof that was "nearing the end of its serviceable life".
Had a professional roofer examine the roof and he agreed with the inspection. Cost to fix the roof is $12,000. At first I thought there should be a credit of $12,000 off the purchase price, but that's not really helpful. I'm putting 20% down and $12K off only saves $2,400 on the down payment. So, I'm asking the sellers to replace the roof and fix the electrical issues. I'm sure once they are finished laughing at my requests, they'll move on to another buyer.
Buying a home is just an unpleasant experience in my opinion. Unless you have unending amounts of money.
0 votes Thank Flag Link Sat Jul 4, 2015
It is negotiable. You can request that the sellers replace the roof as a part of the home inspection repairs, but they don't have to agree to it. If they don't you will have to decide if you want to pay to have the roof replaced or walk away from the house.
0 votes Thank Flag Link Mon Apr 27, 2015
Have you spoken with a roofer about the subject? They are in the business of fixing roofs and they have seen a lot. I would try to find one and run this whole situation by them. Maybe you can work with your real estate agent as well. http://www.grissomcontracting.com
0 votes Thank Flag Link Mon Apr 27, 2015
I think this is something that is negotiable. It is a long shot to try and get a buyer to pay for the roofing outright, but they are more likely to split the cost with you. I suggest having someone inspect the roof before you decide to buy. You don't want to bite off more than you can chew. Good luck with everything!
http://www.101industries.com/roofing.html
0 votes Thank Flag Link Thu Feb 19, 2015
This question gets asked on this site a lot, mainly because the answer depends on the specific situation. What is the seller saying about the roof? Would they be willing to help replace it or lower their price? There's no hard and fast rule as to whose responsibility the replacement is. The main thing is to talk to the seller and see what your options are. http://gcmr.com.au/products/
0 votes Thank Flag Link Wed Feb 18, 2015
I think that in this situation, it would probably be best to negotiate the price. I would discuss with the seller what they think about sharing cost of repairs, and then you can agree on a company to do the roofing. Before you move in, you'll definitely want to be sure that your roof is in good condition to avoid any problems. I hope that you are able to get everything on your roof figured out without too much trouble with the sellers! http://www.roofdentist.com.au
0 votes Thank Flag Link Tue Jan 27, 2015
That's a great question regarding a roof replacement. I think it depends on what you and the seller can agree on. I think it might be a good idea to speak to a few licensed, reputable, and insured roofing contractors. They can usually give you a rough idea on how much it would cost to replace the roof. Based on the pitch of the roof, how many layers of shingles, and how many hips and valleys can determine the overall price of a re-roof. It's hard to determine the sheathing replacement until the shingles are torn off. I wish you the best! http://www.hindmarshroofing.com.au/Products
0 votes Thank Flag Link Fri Jan 2, 2015
If you haven't signed an contracts yet, it should be the responsibility of the seller. Of course, if you request that they replace the roof before you will buy the house, then they might move on to a different buyer. I would sit down with the seller and your agents to work out an agreement. If you can't come to an agreement, the seller should be responsible. That makes the most sense to me. Either way, I wouldn't buy the house without having the necessary roofing work done. http://www.bobbehrendsroofing.com/residential-roofing/
0 votes Thank Flag Link Fri Dec 12, 2014
I think it depends on what your contract says. I would review it with your real estate agent to see who is responsible. It also seems like it would be best to get several different bids so you can get a idea of the extent of the roof damage. http://www.rippysroofing.com/
0 votes Thank Flag Link Thu Dec 11, 2014
I have been a Realtor for 16 years in California and the answer to your question is: it's negotiable. Whether the seller will choose to pay for half, all or none of the costs involved with a new roof depend on:
A) if it's a sellers or buyers market in your area
B) Did he accept a low ball offer to begin with or get what he was asking for and
C) How much does he owe on the house? Will he have enough money after the sale to credit for a roof?

Getting an estimate is a smart move for the buyer. Once presented to the seller, this becomes a disclosure issue (in California) and that means that he will be obligated to show it to the next potential buyers if you walk. So basically, this is not a problem that he can ignore or run from...it makes sense for him to deal with it now while he has a motivated buyer rather than later.

If the seller isn't underwater on his loan and will realize a profit from the sale, the least stressful way (in my opinion) for all parties to deal with the cost is to ask for a credit at close of escrow. That way, the new buyers will have money to hire their own contractor in their own time frames, the seller isn't putting out money while still unsure the deal is going to close successfully and the closing isn't delayed, which usually makes all parties happy:)
0 votes Thank Flag Link Tue Dec 2, 2014
The sellers will likely be responsible for getting this fixed. Any buyer would be able to back out of the sale before it's complete if they don't think the home is suitable. With a bad roof it will also be more difficult for the owners to find somebody willing to buy it anyway. The sellers should either repair it before the sale or reduce the price to allow the buyers to repair the roof after the sale.
http://www.valleyroofing.org
0 votes Thank Flag Link Mon Dec 1, 2014
I would suggest having the roofing fixed before you sell your home. By doing this you could possibly get better money for your house. It also would be really nice to put less stress on your buyers. You don't want to sell a home to someone if it has a ton of problems. I think that fixing your own roof would be very helpful to you in the long run.

Mary Jane | http://www.whalleysfourseasonsroofing.ca/
0 votes Thank Flag Link Fri Nov 7, 2014
This is definitely a negotiable item. This is unfortunately something that you and the sellers will need to come to an agreement on. If the sellers are unwilling and your loan will not allow the roof in its current condition, then there isn't much you can do.

Best of luck!
0 votes Thank Flag Link Mon Oct 13, 2014
There is no clear cut answer to your question. Typically repairs are negotiated after a home inspection is completed (as you have indicated has happened). If the roof still has 3-5 years of life on it, it falls within acceptable lending standards and a seller may feel that it is the buyers responsibility. However, if it has less than 3 years, then you may run into financing difficulties causing it to benefit the seller to agree to the repairs.
0 votes Thank Flag Link Wed Aug 6, 2014
Yes, it is hard to say without more detailed information. The specific amount of remaining life on the roof may be the determining factor. I would certainly address it now, though, because you don't want a bad roof.

http://www.gbsroofing.com
Flag Tue Aug 12, 2014
It is up for negotiation, as a buyer you can certainly ask for the seller to replace the roof or deduct the amount from the price. They do not have to, but if you are open to negotiate they may be open to negotiate. Splitting it 50-50 is certainly fair. In the end it depends what you are paying, if you are paying full value you will want the home in good condition with a new roof, if you are getting a great deal, there may be room to negotiate on your part. Either way your buyer broker should be guiding you and answering your questions to get a satisfactory ending.
0 votes Thank Flag Link Wed Aug 6, 2014
The NC Offer to Purchase indicates that a buyer is purchasing the home in its current condition. The sellers have the right to engage in negotiations regarding the roof but they are in no means required to replace the roof.
0 votes Thank Flag Link Tue Aug 5, 2014
You could see what a different company has to say about the roof. I know a few places will do free roofing inspections. It wouldn't hurt to get more opinions!

Will Jenkins | http://www.mcrcontracting.com/
0 votes Thank Flag Link Mon Jul 21, 2014
This is a matter for negotiation. You may be willing to participate in the cost of a new roof knowing you will get to enjoy the peace of mind a new roof brings for many years to come. The need for a new roof seems to be an indisputable fact; now the question is how far you and the sellers will go make sure you get the house.
0 votes Thank Flag Link Wed Jul 16, 2014
Whomever the sellers want to get to do the work is their option, as long as it is done correctly(and you all can re-inspect)...damage of the roof, other than age, may be covered in their homeowners policy, so don't fret...lastly in NC with the Due Diligence period, that is the time to get down on paper, who will do what repairs...good luck!
0 votes Thank Flag Link Fri Jun 13, 2014
First of all, if it is established that there is a leak in the roof, the owners must take care of fixing this problem. It may be a patch or if there are serious problems with the roof, more will be necessary. Each situation is different. For example, sometimes homes are advertised as "as is " condition, where the listing price takes into consideration the need for a buyer to do these kinds of projects. When this is not the case, it seems perfectly appropriate for an owner, to get a second opinion to verify the accuracy of the first.
With a possible large expenditure resulting from an engineer inspection, it is certainly a reasonable position for the potential buyer to ask and to expect some reduction of the verbally accepted price, with regard to the need to have a roof replaced sometime soon. Depending upon the individual situation, it can be handled in a number of ways. This is something to discuss with your realtor and their realtor and owner and possibly your attorney.
0 votes Thank Flag Link Mon May 12, 2014
No matter what conclusion you come to, it is vital that you disclose the state of the roof to any potential buyers. You may want to have consultations with some roofing contractors to get a professional evaluation. Then decide if you will repair the roof yourself or merely provide potential buyers with the evaluation of the roof's condition.

Sal Wesson | http://www.darrroofing.com/index.html
Flag Mon Jun 2, 2014
Hi there,
This is definately something that needs to be agreed upon by both parties. (Buyer/Seller) There are no "rules" to who "has" to pay. Your inspection period is to be used to investigate the property and decide if it is acceptable to move forward with the terms of the contract, or send an addendum in regards to the findings that cause concern. If you want the seller to pay, you can "request" it, and if they refuse, then it is your option to back out (if it is still within your inspection period or you could lose your deposit...depending on how the contract is written) or pay for it yourself. As you can see, all costs must be agreed upon via contract.
Good luck,
Lori Schulz
916-960-9600
Web Reference: http://LoriSchulz.com
0 votes Thank Flag Link Mon Feb 22, 2010
I am a Realtor & an Attorney (30 yrs), licensed for both only in OH. So any comments I make are my personal opinions.

You need to consult an attorney who handles residential real estate matters in NC. This is a contract matter. Remember, I am only giving you my personal opinions.

In many cases, contracts may say that the Buyer has X days to conduct an inspection. If any material defects are found during the inspection, then the Buyer has X days to inform the Seller and Seller has X days to repair the defect or the Buyer can accept the contract & home "as is" or walk away from the contract (with notice to Seller). The Seller can elect to have a contractor who specializes in the area do an inspection, may pay for it or ask you to pay for part of the fee (everything is negotiable). If you really like & want the home, you might agree to pay half of that inspection fee. If the contractor says the roof must be repaired or replaced, then, the negotiation continues. The Seller may pay for it, may ask you to share it, or may say that if you want the home, you need to pay for it. If you are in a state that requires mandatory written property disclosures as OH does, the disclosures are based about known issues or defects. The inspection you paid for was to find any material defects that you & the Seller don’t know about.
0 votes Thank Flag Link Mon Feb 22, 2010
HI - I would certainly ask your agent who represents you for the best answer. I know in MN twhere i am and agent that would be negotiable. But the seller does not have to replace it. Everything is always negotiable as long as it reflected in the inspection; if the buyer still really wanted the home you agree to do the repair/replacement, negotiate with the seller or that is your ticket to walk away. Good luck!
0 votes Thank Flag Link Mon Feb 22, 2010
Dear Homebuyer,

Assuming your contract reads that the sales contract is contingent upon the home inspection, then you are in the driver's seat. Each state's contract reads differently; some include a repair limitation amount with options to renegotiate; others do not. Please read your contract carefully and ask the advice of an attorney if you are still unsure of your obligations. Good Luck.

Michelle Doscher
Web Reference: http://MichelleDoscher.mobi
0 votes Thank Flag Link Mon Feb 22, 2010
You should talk to an attorney to interpret the home inspection contingency clause in your agreement of sale.
Every thing is negotiable but it will depend on your contract.
In most of the agreements our contingency specifies a dollar amount that the buyer is willing to pay and if it exceeds it he gives the seller opportunity to fix it, renegotiate it or the buyer can walk away.It will depend on your contract.
When I represent buyers we sometimes write zero deductible or maximum$500/ because buyers are reluctant to pay for anything these days .
Web Reference: http://www.gitabantwal.com
0 votes Thank Flag Link Mon Feb 22, 2010
Most importantly you should talk to your Realtor. You hired them to represent you and your best interest and I am sure they will do just that. Trust their experience.
To answer your question: No, The seller does not have to replace anything. They can choose to negotiate with you to keep the deal moving forward however, You obviously did not buy a new home and cannot expect that everything is going to be new unless you pay for it. I am sure the Realtor negotiated a good deal on the offer for you and you made that offer after seeing the home and knew that it was not a new roof by looking at it. Now you just have to negoitate a satisfactory deal on repairs or move on to something else.
0 votes Thank Flag Link Fri Feb 12, 2010
had a similar expereince, on house that was 20yrs old. roof looked in good condition, but I work in health care not roofing industry.. so not expereinced in what to look for. Home inspector thought there maybe some cosmetic isses and recomended a licensed roofing professional to investigate further. Upon inspection roofing contractor stated that roof needed to be replaced. this came as a surprise to both us the buyers and the seller. This issue was not considered in the proce of the house when listed or when we placed an offer. We have about one week of due diligence left. So in negotiations now. We did not buy a brand new home and did not expect everything to be new, but did expect to have several years of life left on the roof, as the did seller. Just looking at a roof from the ground does not give enough information, and most buyers to not climb up on a roof before making an offer. Even a roofing contractor is not going to put in input without getting up there and looking at it.
Flag Mon Nov 23, 2015
I have been selling real estate for 14 years and a seller has never had to replace a roof. You should have signed a North Carolina Real Estate Disclosure filled out by the seller. You should have known how old the roof is and considered putting something in the contract if that was a concern. Broken and damaged shingles can be seen by the naked eye. Home inspectors often say a roof should be replaced just to cover themselves. A repair estimate is what should be gotten and if the repair exceeds the repair contingency then you can negotiate with the seller. Two years ago I sold two homes with 18 year roofs. The first inspector recommended repairing a few shingles and the seller did. The second one the home inspector said the roof needed to be replaced. The buyer's agent asked the sellers to replace it but the sellers would not do it. Instead, they repaired the damage which did not cost but a few hundred dollars.

A lot of roofs were replaced in the past year in Charlotte due to hail damage. Most insurance companies paid for this, everything except for the deductible. If there is a lot of damage, you should ask the sellers to check with their homeowners insurance company and it may be covered. This could however delay the closing. Also, I saw one agents comments about not getting insurance for roofs over 15 years old, but I have never heard of that. Good luck!
0 votes Thank Flag Link Thu Feb 11, 2010
Hi Homebuyer,
Interesting question.
You may want to consult a real estate attorney.
In my opinion, it appears you are informed of the roof which is all the seller must do is disclose it.
It appears the disclosure of the roof was found in the home inspection.
at the time of the issue you should negotiate it.

Harold Sharpe
So Cal Homes Realty
(951) 821-8211

http://www.socalhomesrealestate.com
0 votes Thank Flag Link Thu Feb 11, 2010
I think the sellers can choose to fix the roof or not. A lot of times they will be able to find a buyer that will buy it as is. You can try and work something out with the seller, but I think you might just have to repair the roof yourself if you do buy the house. Just know what kind of project you are getting into. http://www.americanroofingrepair.com
Flag Mon Nov 10, 2014
Be aware that some insurance companies will not insure a property if the roof is more than 15 years old, which may impact your ability to purchase the home (no insurance = no loan). If the roof is free of defects (leaks, missing shingles) as defined in your contract, then the sellers are not responsible for replacing it. Just as if you had a 20 year old stove, if it works, then the sellers don't have to replace it, even tho a 20 year old stove probably won't work as efficiently as a new stove. If your agent used the insurance availability form, and your insurance company turns you down for insurance do to age/condition of roof, you can back out of contract, or negotiate the sellers to repair the roof.
Web Reference: http://www.tri4sale.com
0 votes Thank Flag Link Thu Feb 11, 2010
It's quite common in today’s market place for an inspector to recommend a new roof. Be advised that the North Carolina Offer to Purchase states that only necessary repairs need to be addressed.....basically, if something is serving the purpose for which it is intended, then no repairs need to be made. So...to answer the question: If the inspector found the roof was leaking, then the buyer would have the right to ask for a repair, the seller will more than likely ask for a second opinion. I believe that once a roof is replaced by the seller it hinders the rest of the negotiations for items to be repaired from the repair and request on the buying side. Still the question of who is responsible for the payment of the roof? That is all negotiable and will be between the two parties and their agents.

If the roof is leaking it's a repair....If the roof is close to its life expectancy and not leaking it is an improvement.
0 votes Thank Flag Link Thu Feb 11, 2010
Daniele is correct. In NC as long as the roof is "servicing the purpose for which intended", ie: not leaking, then the seller does not have to replace it. So the best tactic to take in this situation is to get two or three reasonable estimates. Don't go for the most expensive possible roofer. (Roofers prices can vary widely.) And try and negotiate with the seller to pay most or half of the estimate. You are the one that will be really benefiting from the roof... obviously. And if they had put a new roof on the house before it went on the market, they may have received a higher or quicker offer. The key to winning this type of negotiation is to be reasonable. You get a new roof, the seller gets to sell his house with his head held high. Good luck.
0 votes Thank Flag Link Thu Feb 11, 2010
It's ok for the sellers to get a second opinion and you may want to get one too as long as the inpsection period is still in effect. You may also have to take into account some of the other factors in purchasing this home: is it an REO or HUD house in which case they may not be willing to negotiate any further. Also, in this market, the seller may not have the funds to help with the roof or it may cause a short-sale situation if the price is renegotiated. Are you getting a good price on the home already? Did your Realtor run some comps for you before you made an offer? My suggestion is to take all of these items into consideration before walking away. I would venture to guess that you really like this home and have already spent quite a bit on inpsections and lending fees - try to work it out.
0 votes Thank Flag Link Thu Feb 11, 2010
If the roof is "functioning as intended" with no leaks noted than it is a negotiable repair/replacement you are entitled to ask for after you've had the home inspection. The Sellers are not obligated to replace a roof that is functioning as intended. If the roof is not functioning to protect the home and contents of the home it must be repaired by the seller or you may terminate the contract. Everything in Real Estate is negotiable. If I write an offer on a home where the roof is questionable, I address it up front as a condition of the contract that if the roof is found to be at the end of it's useful life, the Seller will replace the roof at their expense. My theory is it's always better to get big issues out of the way up front before incurring expenses such as total roof replacement after additional monies have been spent for home inspections etc.
0 votes Thank Flag Link Thu Feb 11, 2010
In North Carolina you have a contingency clause in your contract. check the dollar amount on it. Your Realtor shoudl be negotiating on your behalf to have the roof replaced if it needs it. Having the homeowners ask for a second opinion on such a large expense is not uncommon....if you are not happy with the outcome you can walk away form the deal if the contingency clasue dollar amount is less than the cost to repair/replace the roof.
You should have a repair contingency agreement that you submitted to the seller requesting repairs and the roof shoudl have been included in it. the seller shoudl have a certain time frame to respond back to you on whether they will do the repairs or not.

if you really want the house (only you can decide) you have to weigh what the seller is willing and not willing to do against owning the home......Good Luck.
Web Reference: http://www.davedicecco.com
0 votes Thank Flag Link Thu Feb 11, 2010
Very good question and your topic is often brought up. As long as the roof is not leaking or showing any signs that it is not functioning as intended, it is not something that a buyer can tell the seller to repair. If it is questionable, the buyers repair estimate superseeds the sellers repair estimate in the NC contract. Make sure your realtor covered you in the cost to repair contingency just in case the seller refuses to repair. That will allow you to step away from the house if the estimate is higher than that figure. If you both agree it needs to be repaired/replaced, you can negotiate how it will be paid. Also as a side note. Make sure all your inspections and reinspections are compleated BEFORE the date to submit the repair request otherwise you may not be able to submit at all and you loose your chance to have the sellers repair anything. Your agent can ask for an extension... There's a form for that.

Good luck

Daniele Summerfield
0 votes Thank Flag Link Thu Feb 11, 2010
Check the contract. After that, this becomes a negotiatble item. You can either negotiate or walk away.
0 votes Thank Flag Link Thu Feb 11, 2010
This is where you want to take a good look at your contract because this is where this kind of stuff is spelled out.
In a standard NJ contract, it is often up to the seller, in a situation such as yours, to either make repairs, reduce price, or back out.
In my very first attempt at buying a home(seemingly a lifetime ago) this very situation happened where we realized, after the inspection, that there were issues beyond the scope of what my husband and I could handle. When we tried to back out of the contract, the sellers disputed the seriousness of the issue (in my case it was a cesspool) and denied that a problem even existed. They insisted we pay them $5000 to back out. Apparently, we could have fought it in court but it would have cost even more money and we might have been stuck with a house that we definitely didn't want at this point. So, long story short, we ended up paying the hardest $5000 of our life.

That was a painful lesson to learn, but we did learn. In our next contract, we made sure that rather than the ball being in the seller's court, it was in ours.

So, look at your contract and see what options you have. Negotiations, for this reason often continue after an accepted offer and you need to decide how much this house is worth to you.

Good luck!
0 votes Thank Flag Link Thu Feb 11, 2010
You should have had an inspection contingency in your contract. Since the roof is not up to your specifications and should be replaced (leaking or not) you can say it is a problem and negotiate. If the price with roof repairs is to high, you should still be able to walk away. The seller may decide it is better to fix the roof than to lose a sale. They may decide not to.
0 votes Thank Flag Link Thu Feb 11, 2010
Read your contract. The contract we use in NY, which is written by attorneys, says that the roof has to be free of leaks. This does not mean though that if the roof as reached its rated life expectancy that the seller has to replace it. As long as it is not leaking, it would be your responsibility. From what you are saying though, there is damage to the roof. The seller would be responsible for repairing the damage, or they could reduce their price is this is something you can handle. Depending on your financing, this can work for you or it could be a problem.
0 votes Thank Flag Link Thu Feb 11, 2010
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