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Home inspection question
Posted on 5/15/20 at 10:35 pm
Posted on 5/15/20 at 10:35 pm
I'm currently in the inspection phase of my home purchase.
Mostly minor issues but apparently the roof is effectively at the end of of its life and is recommended to be replaced in the next year or two. Also a little fascia damage in spots. How does this factor into the sale assessment? The house is for sale by owner.
Is it reasonable to ask the seller to contribute to repair/replacement costs for a roof at the end of its life? The roof was disclosed as being 14 years old prior to our initial agreement. I figured maybe 7-10 years of life left in it. The roof and fascia/soffit repairs are my biggest concerns.
Mostly minor issues but apparently the roof is effectively at the end of of its life and is recommended to be replaced in the next year or two. Also a little fascia damage in spots. How does this factor into the sale assessment? The house is for sale by owner.
Is it reasonable to ask the seller to contribute to repair/replacement costs for a roof at the end of its life? The roof was disclosed as being 14 years old prior to our initial agreement. I figured maybe 7-10 years of life left in it. The roof and fascia/soffit repairs are my biggest concerns.
5
Posted on 5/15/20 at 10:39 pm to ChewyDante
quote:
The roof was disclosed as being 14 years old prior to our initial agreement. I figured maybe 7-10 years of life left in it.
Posted on 5/15/20 at 10:46 pm to MrJimBeam
Everything is negotiable
Posted on 5/15/20 at 11:09 pm to Shoalwater Cat
Not sure what your question.
They buyer had it inspected and their inspector said 14 years old...so what
Depending on what you have they last a lot longer than that..,
Architecture shingles versus 20 etc...
I know this cause I sold a House a few years back and was in same situation/—15 years on darn good architecture shingles.... but worse.... I had a few big limbs come down and repaired a spot and matched good but not great...
I fully expected it to be an issue but the buyer picked apart everything!!!!!! else but inspector said they are aged but the point is nothing is failing....which would be a show stopper for them and especially the loan company...
Let it ride...if they say something say it is in the price to begin with and I priced the house knowing the shingles are half life...but as op said push come to shove all in the deal
Btw I was ready to put a new roof on to get out of the house because I was in a life change situation...
Good luck
They buyer had it inspected and their inspector said 14 years old...so what
Depending on what you have they last a lot longer than that..,
Architecture shingles versus 20 etc...
I know this cause I sold a House a few years back and was in same situation/—15 years on darn good architecture shingles.... but worse.... I had a few big limbs come down and repaired a spot and matched good but not great...
I fully expected it to be an issue but the buyer picked apart everything!!!!!! else but inspector said they are aged but the point is nothing is failing....which would be a show stopper for them and especially the loan company...
Let it ride...if they say something say it is in the price to begin with and I priced the house knowing the shingles are half life...but as op said push come to shove all in the deal
Btw I was ready to put a new roof on to get out of the house because I was in a life change situation...
Good luck
Posted on 5/15/20 at 11:45 pm to ChewyDante
From my experience the buyer has all of the leverage during this period. The buyer can ask for anything and everything they want. The seller will review the buyers list of what they want remediated and will respond. The seller could agree to 100%, 0% or somewhere in the middle. The buyer has the ability to walk away though during this period. I walked away from 2 houses during the inspection phase of purchasing a home. I would look into the agreement to make sure you don't owe any money but that is the whole point of the inspection. It is to determine if the condition of the house matches what your eyes say and to negotiate an agreement based on the inspection results and possible repairs. Once the agreement post inspection is signed then it is a lot harder and more painful to get of a purchase agreement. You can be a hard ball negotiator and ask for a lot and the worst they can do is say no and you can agree to those terms or walk away.
Posted on 5/16/20 at 12:06 am to ChewyDante
Maybe ask them to pay a prorated amount for the cost of replacing the roof.
The biggest thing I learned from house shopping was to just state what you want. Don’t worry about being told no or offending someone. If you want them to pay money towards a new roof then say it. Doesn’t hurt anyone.
Also, don’t be afraid to walk away if it’s a legitimate concern of yours.
The biggest thing I learned from house shopping was to just state what you want. Don’t worry about being told no or offending someone. If you want them to pay money towards a new roof then say it. Doesn’t hurt anyone.
Also, don’t be afraid to walk away if it’s a legitimate concern of yours.
Posted on 5/16/20 at 1:08 am to SaintTiger80
quote:
Maybe ask them to pay a prorated amount for the cost of replacing the roof.
This is what I was thinking. I was thinking of maybe suggesting they cover about 25% of new roof costs. We could just subtract it from the overall offer. My first time going through this and just wanted some thoughts on if this was within reason.
Posted on 5/16/20 at 6:07 am to ChewyDante
There’s several ways you can deal. If you are tight for down payment money you could ask for money toward closing cost from the seller to compensate for the new roof your gonna have to buy. Not sure of the situation with the appraisal but if it’s gonna be hard for you to come out of pocket for new roof, you could offer half the price of the roof (Require it be done before closing by a company of your choice )more than agreed price for house and effectively they are paying for half of the new roof rather than the 25% you are asking for. Example house is 100k and roof is 8k, offer to pay 104k if they put on new roof.
If the house has been sitting on market a while then you have leverage and can be bold and say no deal without them putting on a new roof.
If the house has been sitting on market a while then you have leverage and can be bold and say no deal without them putting on a new roof.
Posted on 5/16/20 at 6:14 am to ChewyDante
I would absolutely negotiate roof replacement in the price you pay if you still want the house.
Posted on 5/16/20 at 6:36 am to kywildcatfanone
Roof age should have been in price from beginning....when you buy a used car you do not ask for the cost of half a new transmission because it is worn....
But as op said....no harm in asking and they will not walk unless they have some other buyer looking...
You will find out who wants in or out worst...
Good luck and the money made is at the “deal” ...so be professional but work it now....
But as op said....no harm in asking and they will not walk unless they have some other buyer looking...
You will find out who wants in or out worst...
Good luck and the money made is at the “deal” ...so be professional but work it now....
Posted on 5/16/20 at 7:57 am to Thecoz
I would ask the seller to replace the roof and repair damaged fascia/soffit. Get a plumbing video if the house is greater than 20 years old. Good luck!
Posted on 5/16/20 at 8:02 am to ChewyDante
The truth is, inspectors almost always say a roof is at the end of its useful life if it’s 10-15 years old. It may be, it may not be. Are they paying any closing costs under the current agreement?
Posted on 5/16/20 at 2:01 pm to Dawgfanman
I’m helping my mother sell one of the houses she owns and we just received the
Buyer Response to Home Inspection.
This is an older house so there’s mostly safety issues listed. It appears as though the buyer is wanting us to update everything to today’s home safety regulations.
I understand most of what they’ve pointed out. The problem is that the buyer and his agent won’t send us a copy of the official inspection. My mother’s concern is that some of what’s listed is coming from the buyer himself and not the inspector’s report. She thinks this because the buyer originally said he was going to do the inspection himself and we had to tell home that we wouldn’t honor anything he reported since he’s not licensed, etc.
Have any of you heard of the buyer and their agent not providing a copy of the inspection to the seller?
Buyer Response to Home Inspection.
This is an older house so there’s mostly safety issues listed. It appears as though the buyer is wanting us to update everything to today’s home safety regulations.
I understand most of what they’ve pointed out. The problem is that the buyer and his agent won’t send us a copy of the official inspection. My mother’s concern is that some of what’s listed is coming from the buyer himself and not the inspector’s report. She thinks this because the buyer originally said he was going to do the inspection himself and we had to tell home that we wouldn’t honor anything he reported since he’s not licensed, etc.
Have any of you heard of the buyer and their agent not providing a copy of the inspection to the seller?
Posted on 5/16/20 at 2:13 pm to Volt
The buyer “paid” for the inspection so it’s their property and they’re under no obligation to share with you.
If you do receive the inspection report and the sale falls through. You’ll be required to disclose any known issues when selling.
If you do receive the inspection report and the sale falls through. You’ll be required to disclose any known issues when selling.
Posted on 5/16/20 at 2:18 pm to Volt
I would share your suspicion about a buyer who refuses to share the inspection findings. Without that document it is not credible.
However, the credibility and your best interests are different things. Make a judgment about the costs of the requested updates and then make your counter offer. If you think what the take home from the sale would be is in line with the local market you may still want to accept some repair costs.
However, the credibility and your best interests are different things. Make a judgment about the costs of the requested updates and then make your counter offer. If you think what the take home from the sale would be is in line with the local market you may still want to accept some repair costs.
Posted on 5/16/20 at 3:03 pm to POCKET
NEVER !!!! Never take possession of the buyer Inspection report!!!!!!!!!!!!
“If you do receive the inspection report and the sale falls through. You’ll be required to disclose any known issues when selling.”
That list of things you know are. Wrong and check box you filled out for the listing just got a lot longer if you take possession and you have to redo it it sell falls through!!!!!
Make them cut and past the specific items the inspector listed and they have concerns with and let your listing agent look at it and respond to you or let you look at over their shoulder.
“If you do receive the inspection report and the sale falls through. You’ll be required to disclose any known issues when selling.”
That list of things you know are. Wrong and check box you filled out for the listing just got a lot longer if you take possession and you have to redo it it sell falls through!!!!!
Make them cut and past the specific items the inspector listed and they have concerns with and let your listing agent look at it and respond to you or let you look at over their shoulder.
Posted on 5/16/20 at 5:14 pm to Dawgfanman
quote:
The truth is, inspectors almost always say a roof is at the end of its useful life if it’s 10-15 years old. It may be, it may not be. Are they paying any closing costs under the current agreement?
Yes, buyer is paying $2500 to closing costs.
Posted on 5/16/20 at 5:36 pm to Thecoz
Thanks for the info fellas.
Posted on 5/16/20 at 7:09 pm to ChewyDante
quote:
Yes, buyer is paying $2500 to closing costs
I’m assuming you mean seller, ask them to pay the rest due to roof.
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