Cara Lehmann, Home Buyer in Tampa, FL

Is there any way to legally buy a roof for a short sale in order to close with a va loan?

Asked by Cara Lehmann, Tampa, FL Tue Feb 7, 2012

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Kenny Braver…, , Tampa, FL
Tue Feb 7, 2012
I assume the roof was flagged by the Appraiser?

if yes, then as long as all parites agree - you can replace the roof, prior to closing at your expense and then have the Appraiser go back out..... Understand that if for some reason you fail to close on the home - you gave the Seller a new roof, you can't take it back or require the Seller pay for it.

I hope that helps....
3 votes
Steven Pahl, Agent, Tampa, FL
Tue Feb 7, 2012
Looks like you have received quite a bit of solid information pertaining to your question, proceed cautiously. If you are set on that particular home then the FHA 203c is probably your best option. If going VA is your choice then extending your search to find another house would be better. I could not, as several agents have also stated, recommend you pay for the roof upfront for the same reasons they state. Good luck!
1 vote
Bob Willett, , Sacramento, CA
Tue Feb 7, 2012
The short answer is no. VA will not allow you to do the work, and if the seller can’t do it VA is not an option. If you are set on using your VA, you will have to find a different house to buy.

If you want this house, you need to do an FHA 203(k) loan. It does have a 3.5% down payment and the mortgage insurance is higher than the VA Funding Fee, but it’s really your only option for buying a sub-standard home. The good news is you can probably find several other things that you want to have fixed or changed that you can do with this program. The streamline version can go up to $35,000 worth of repairs, and the full version can go higher!
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1 vote
Alma Kee, Agent, Tampa, FL
Tue Feb 7, 2012
Hey Calusa Tracer,

Is the roof truly that bad or is it just a highly critical opinion by the VA appraiser?

If it has at least 2 years left then you may be able to get an FHA Mortgage and get bond money from the State of Florida for up to $7,500.

You MUST use an approved lender and you cannot earn over about $85k for a family of four to get the money.

Iberia Bank is on the approved list and I can recommend:

David Scharrer LMB # 419374
Senior Loan Officer
IberiaBank Mortgage

3550 Buschwood Park Drive Suite 295 Tampa, Florida 33618
Office Phone: 727-726-8515
Fax Number 813-933-6699

To verify if your family size and income will allow you to get the downpayment money, you can check here:…

It's risky--especially with a Short Sale to pay for a roof because the seller could then refuse to close or do a Deed in Lieu or a Deed for Lease where he could stay in the home with a new roof paid for by you!

Did you see the REO in Calusa Trace with a pool that just came back on the market? It's a Fannie Mae HomePath and you can buy it with 3% down and no appraisal required. You could also try with the State Bond Money and if the FHA Appraiser says the roof doesn't have at least 2 years life, then it's possible Fannie Mae will put on a new roof. Better hurry, though... it will go FAST. Here is the link and the homepath website is showing pending but the MLS listing says it's active:…

All the best,
Alma Rose Kee PA
Future Home Realty
1 vote
Kevin Reeves, , Tampa, FL
Tue Feb 7, 2012
Dear Calusatrace12,

Yes you can legally buy a roof for a short sale in order to close with a VA loan. It is a risky situation as you don't own the house yet. If the seller will not repair or replace the roof then I would make sure that you have enough time from them to allow you to go thru underwriting on your VA loan and get your loan approved except for the final condition being the replacement or repair of the roof. Then and only then would I as a buyer pay for a roof of a house that I have not closed on yet.

If you would like more details, please contact me at 813-728-4992 or

Kevin Reeves
New Penn Financial
1 vote
Lynn Brock, Agent, Sarasota, FL
Wed Feb 8, 2012
Calusatrace12, the information presented here really provides you with a pretty clear picture how to proceed. If you have that kind of money for a roof, why not consider a home at a higher price point where you can use your va loan?

Lynn Brock
0 votes
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