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Mark D. Olejniczak Realty, Inc.
375 W. St. Joseph St.
Green Bay, WI 54301

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OLEJ Blog


Real Estate Blog featuring advice from Professional Realtors®, behind the scenes at Mark Olejniczark Realty, Inc, and life in Northeast Wisconsin.

 

Should Roof Damage Stop You from Buying a Home?

Should Roof Damage Stop You from Buying a Home (1)

Should Roof Damage Stop You from Buying a Home?


Buying a house with a damaged roof isn’t always a bad idea – as long as the damage will be repaired, or the roof replaced. The real question is… who will pay for the repairs or replacement?

There are three choices: the Seller can pay, the Buyer can pay, or the Buyer and Seller can split the cost. If the seller is going to pay – use caution – since the Seller will probably want to save money and will hire the cheapest contractor. This means you could end up with a poor-quality roof.

 

Before making your decision, get a quote from a licensed roofing contractor stating the cost of repairs as well as the cost to replace the roof. Well-maintained roofs can last 30 years or more, but a shoddy installation can shorten that lifespan.

 

Negotiations are in the Buyer’s favor because the Seller is going to have a difficult time selling a house with a bad roof, plus many lenders and insurance companies won’t touch a house with a bad roof.

 

A roof is a critical item for the structural integrity of the home – so roof problems must be resolved. In cases where the Seller is unreasonable about their price or is in denial about the roof problem, then it might be wise for a Buyer to pass on the deal.