The condition of the roof can be huge when negotiating the price of a home. Watch today’s episode to learn the options for buyers, sellers, and migratory creatures like Randal.
Video Transcripthello hello hello hello peeps Diana Randall bro here that’s us we are your friendly husband and wife team helping you find your beautiful home here in Prescot Arizona that’s right today we wanted to talk about something we get this question a lot uh especially when we’re doing listings if you have a home that’s about 20 years old or older the couple of things we would recommend always have it pre-inspected especially if it’s an older home because there are a lot lot of things that may come up usually the roof is very important yeah usually roof’s one of those so if you have an original roof I would highly recommend that you have a roof inspector come out before you even go in the market he can tell you this roof is marginal you might have five to 10 years he could tell you it is shot time to you know call it um you always want to find out before because once you get under contract if something comes up during inspection you don’t want to queer the deal and people walk away like I don’t want to put a whole new roof on yeah yeah if that does happen um there are lots of ways to approach that you can either say hey let’s talk to the buyer and say hey we’ll get a a quote on this roof do you want to split it maybe you know when you negotiate on repairs we can split the cost of that would you be open to that yeah uh you can um yeah if the obviously if the roof is completely shot you’re best off just just put a roof on it move forward you will never sell your going to sell you’ll get offers they take it out of the price you’re going to end up in the same place anyway right if you’re let’s say your home is 15 years old and we’re talking about composite roof by the way for tile composition composition Ro yes tile roof no that’s entirely different yeah so let’s say the home is 15 years old and the roof is you know rated 20 25 years so the buyer looks at it well you know there’s some things that uh you know this the roof is looking bad I know if I stay here for 10 more years I’m going have to get a new roof you know and they’re kind of looking at the seller looking for money they don’t get a new it’s not a new home they don’t get a necessarily get a new roof uh unless the roof is completely shot completely shot typically what we’ll do is we will negotiate a deal where the the seller makes some sort of contribution usually it’s half if the roof is pretty bad you know has maybe another five years you might pay half maybe a little less if if the home’s a little younger uh but if you are on the buyer side uh don’t think you’re getting a brand new roof it usually just doesn’t work that way usually it ends up with the seller paying some of the cost of the roof and also at some point particularly if we’ve had like a terrible hail storm or this and that we can recommend call your insurance company to the seller and say hey can you get out here and see if we can make a claim yeah and then you can get a whole new roof um particular particularly in times of bad weather and things like that so there are a lot of ways to approach that um the worst thing is just to say you know uh I’m not going to even talk about the roof no it’s going to be called out it’s going to be called out it’s going to be called out uh so if you got a 25y old house with a 25y old roof before you even go on the market have it all inspected and decide what you’re going to do and what you’re going to negotiate on that because it is going to come up it’s going to be a sticking point roofs and tires are are the kinds of things you really they’re expensive it it hurts you to spend money on it because it’s not going to change your life at all yeah but if you are not aggressive about replacing them you will regret it yes uh you get a blow out in the highway you can lose a lot more than four tires that’s right you know and the same thing with your roof if if your roof leaks you can end up with a big problem problems like mold problems like walls that have to be torn yes and don’t think you’re going to pass it on to the next buyer it’s it’s really not it will be called out and it’s you can’t get around it you just can’t so accept it deal with it um try to take care of it so that your deal goes through seamlessly that’s the option yeah that’s you know we we that’s the ideal is just to have it you know I’ve already addressed it it’s good it’s cool don’t worry we know we’ve taken care of it buyers love that yeah yes when buyers are looking at a home that’s 20 years old they’re like do we have a new hot water heater this is what we get all the time new hot water heater do what about the HVAC is the heater and AC original is the roof original the RO if all of them are original most people will say I’m not interested move on to the next house yeah so these are not the fun things to pay for it’s not the cute sexy things to get uh you know where you’re like oh my house is so beautiful it’s not fun and we know we’ve been through it ourselves it’s just a fact of life most people don’t want to take on an older home with those kind of things so the only way you’re going to sell a home like that is at a deep discount correct a lot you’re going to lose a lot more than the cost of the roof absolutely absolutely uh in particular uh if a home has been uh inherited you know it’s an estate home yeah a lot of times there’s there are no funds available to do the RO we can help with that there are Financial vles uh that can that can help you with that and save you a lot of money in the long run um so if you for whatever reason there are no funds to do the updates that you need uh we can help you with that absolutely so just bite the bullet face facts take care of business so that you can sell and at a great price and move forward and be happy um just don’t fight it just accept it’s part of life it’s right just like have Circle life mom just like I have to accept him that’s right I’m still accept keep circling back I’m migratory she didn’t know that when she married me keep I keep trying to send him South but he keeps coming back keep coming back gets too hot you know I gotta come back so anyway just face facts my friends it’s it’s a painful thing but it’s part of life that’s right so anyway for more helpful tips please check us out at pickle 411.com and uh we give it all to you for free that’s it we don’t even charge not the free information we’re happy to help you yeah so we hope to hear from you soon if you’re planning to visit to presca give us a call we’re here call Diane and Randall bro the pickle lady we’re here for you take care W have a good day bye”