Should You Buy a House with a Damaged Roof?

If you are in the market for a new home, there are plenty of issues you need to be on the lookout for before agreeing to make the purchase. One of those issues you should look for is damage to the home’s roof. This might not seem like a big deal now, but how much damage is there? Can it be easily repaired? Or, does the home need a brand new roof? Many people looking to buy a home often wonder if they should buy one that has a damaged roof.

What is the Extent of the Damage?

The first thing you need to take into account is the extent of the damage to the roof. Your best bet is to bring in a professional roof contractor to inspect the roof. The seller might try to tell you that the roof is new or has very little damage and that you don’t need a roofer to inspect it. Ignore this and do what makes you feel comfortable. After all, you are putting a lot of money on the line to buy this house. If the inspector finds roof damage, the extent of it should be a major factor in whether or not you buy the house.

buya house with damaged roofAre you Applying for an FHA Loan?

If you are applying for an FHA loan to purchase the home you will need to have a four-point inspection performed. This inspection will look at the condition of the roof, the HVAC system, the electric and the plumbing. If there is less than three years of life expectancy left on the roof, insurance companies will not insure the home. Insurance is required prior to the purchase for an FHA loan.

Is the Roof Just Old?

This is another important question to ask the home seller. An experienced roofing contractor can help determine the age of the roof if the seller does not know the answer. Slate and tile roofs can last up to 50 years. Wood shake roofs can last some 30 years. Fiber cement shingle roofs can last up to 25 years and asphalt shingle roofs can last 20 years. Asphalt shingle roofs are the most common, so be sure to find out how old the roof is before buying the home. The condition of the roof will also depend on where you live and the type of weather the area gets on a regular basis.

What’s the Bottom Line?

The bottom line for buying a home with a damaged roof is to not let damage dissuade you from buying the home. Why? Most roof damage can be repaired by experienced roof contractors. Older roofs can be replaced with new material. And, you might even be able to get the seller to make the repairs prior to closing.

Contact Aastro Roofing Today

Are you ready to buy a home in Boca Raton? Are you worried about the damage to the roof of the home in which you are interested? If so, be sure to call the experienced contractors from Aastro Roofing at 561-409-3280 to schedule an inspection of the new home.