Roof 20+ yrs old - Homeowners Insurance Question

[Rick Alvi]

Hello,

My insurance broker said it's hard to find insurance in Texas with a roof that is 20 years old. I am getting conventional/traditional financing for my first home and I'm interested in a house in my preferred neighborhood. I'm a little worried and inexperienced and thus value your opinion! My real estate agent is informing me that one option is to go through with inspection and then negotiate the sales price down with the seller due to the roofs age (and need for home owners insurance which will most likely require a new roof). My real estate agent says I can get roof replacement financing. I just worry about being able to obtain home owners insurance in time before closing and getting the roof repaired.