Confused Buyer

02:04PM | 06/01/03
Member Since: 05/31/03
2 lifetime posts
Hi Im in contract and had a home inspection done the report found the pitched roof which is strip shingle needed attention because several areas are lifted shingles and missing and damaged tabs the buyer is sayin im making a big deal over a little thing, so should i be overly concerned about it or does it depend on if there is a leak or not,its about 15 years old, i know i cant expect things to be perfect after all it is a resale, visable to me it seems fine but tryin to determine at least an amount of allowance like in general a fair figure like im not tryin to take advantage of them, not exactly an estimate to replace the shingles so i can present it to the seller, so after closing i can have them repaired or replaced. thanx


03:39PM | 06/04/03
Member Since: 06/03/01
324 lifetime posts
This may depend on the wording of your sales contract. If the seller is responsible for repairs as a result of the Inspection Report, you should expect them to complete the repairs or escrow sufficient funds to cover repairs after closing. Many lenders require a minimum of 5 years life expectancy on a roof so they may also have a say.
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