Should I raise the roof before buying the house?
November 29, 2011 10:49 AM Subscribe
I am buying a house and the roof is questionable. There were missing tabs all over. A roofer came out and did minimal repairs at the current owners' expense but he says the roof has "2 to 5 years" left, maybe, depending on weather (we live in the midwest).
Would it be reasonable to ask for a reroofing allowance in purchasing this house?
You are not my (realtor, lawyer, roofer, contractor, etc) but I was wondering if anyone had gone through this.
The house is 16 years old, so I'm not sure if a new roof on the house in the next 2 years would just be expected when buying it, but the roofer estimates an approximate cost of $10,000 for putting a new roof on the house.
I feel like since we are paying top dollar for the house (the seller barely negotiated at all) it would be right to give us a roofing allowance; if I knew the cost of the house was $10k above what we agreed to I would not have bought the house. More, that's $10k out of pocket in a couple years, not $10k that can be paid off at a low 4% over the next 30 years.
But am I being unreasonable in this? This is my first time buying a house that isn't new construction so I don't know what's par for the course. My realtor is telling me to just accept it, but she has a vested interest because she's making 6% off this deal (plus another 6% selling my current house), so I really don't trust her opinions to not be in her own self interest.