Updated about 12 years ago on . Most recent reply
Flat Roof
W put an offer on an REO property for $65,200 and it was accepted.
It has a flat roof! I have heard these can be expensive to replace, and it would need done soon. Can they really be upwards of $15k? It is probably around 1000sqft. of it.
The property is valued around $107k in a desirable area, but I didn't foresee the cost of this roof (I estimated $5-$6k). We have a 3 day window to request it be fixed by the seller (it won't be), per our inspection clause to get out of the deal? Any advice?