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Updated 14 days ago on . Most recent reply

Account Closed's profile image
Account Closed's profile image
Account Closed
  • Investor
  • from Eau Claire, WI
  • Member since Aug 27, 2019
Connect
Account Closed's profile image
Account Closed's profile image
Account Closed
  • Investor
  • from Eau Claire, WI
  • Member since Aug 27, 2019
Connect
Account Closed
  • Investor
  • Eau Claire, WI
6
Votes |
20
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Classifieds

Freddie Mac RCV with Older Roof

Account Closed
  • Investor
  • Eau Claire, WI
Posted

Im under contract to purchase a fourplex with a 16 year old roof. Freddie Mac guidelines say I need replacement cost value RCV on the roof, insurers I have spoken to will only offer actual cost value ACV. How have people been navigating this without replacing the roof?

Yes, I have contacted more brokers 4 of the 5 have zero options for coverage. 

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