During first purchase roof was damaged, what will happen?

[Justin Rand]

Hi, I just bought my first rental property. Or at least I thought I was going to buy it. Couple quick facts. It was for sale for $88k. I offered $80k as the roof likely needed to be done in the next 5 years. Well in Upstate NY we had a serious windstorm with winds of up to 80mph last week. Apparently, a lot of the shingles came off so the seller had a tarp put on the roof until the insurance adjuster was able to make it out there. The insurance adjuster should be going out tomorrow but we are now having a snow storm and expecting 12"-22" of snow! This cant be good for the roof or the insurance adjuster to actually assess the damage. I am worried that there will be damage to the roof and inside if there are any leaks. I'm wondering if anyone has seen something like this happen or what I can expect to arise from this situation? Apparently the insurance company said if its more than 50% damaged they would pay for a new roof or just repair work. I dont really want repair work as clearly a new roof needs to be put on. Also, concerned with how the bank will appraise the property with the roof in rough shape. I am guessing it won't pass bank inspection at this rate unless some serious repairs or new roof are put on. So also nervous the deal will fall through and I'll be out the inspection and appraisal ~$900. Last concern is that the owner's insurance company gives him money for a new roof but doesn't tell me and only does minor repairs. I have no way of knowing what transpires between him and the insurance company. This is my first purchase and first post on BP. look forward to any thoughts people have. Thanks!