A tired old roof will tarnish your curb appeal and lead to thousands in lost equity. Worse yet, it could lead to severe damage and thousands in repairs.
Buyers are well aware of the importance of a well maintained roof.
When a buyer sees a warn out roof they raise negative questions such as, this roof probably leaks, this house may have water damage, and if the roof is bad what else is bad.
During the buyer’s inspection period home inspectors may find issue even if your roof looks perfect from the street.
Roof issues result in low offers
Roof issues will result in LOW ball purchase offers or worse yet your home not selling.
Back in 2015 we had a seller with a ugly roof. The roof performed. There were no leaks. However, there were multiple patch jobs clearly visible from the street. Each patch job had a slightly different color shingle.
Buyers who previewed ALWAYS brought up the roof as a concern. We got quotes to have the roof re-shingled but the seller did not have means to have the job done.
The original list was a decent price backed by an appraiser. However, list price was dropped by $68,000 by the time the home sold. This was $57,000 more than the roof quote we got when putting the home on the market.
The good news is buyer took the home with the roof as it was.
We do not enjoy seeing our clients loose out on thousands of dollars though. So here’s how you are going to avoid a similar fate.
Have your roof inspected
Many roofers will inspect for FREE.
STEP 1: Lookup 2 or 3 roofers.
STEP 2: Call each one for a FREE roof inspection.
STEP 3: Choose the one you are most comfortable with to do the maintenance and or repairs.
STEP 4: If offered obtain a no leak guarantee / roof warranty along with the work. Ensure the warranty is transferable when you sell your home.