Purchased house advertised as having a new roof and began leaking

[Barry Enix]

We purchased our home almost three years ago.  The house was a fixer upper and listed for sale as having a new roof.  A few days ago we notice a small amount of water intruding through the ceiling of our dining room.  We have contacted a roofer who has stated that water is getting behind the flashing due to its low heigh, rusty nails and other poor installation where there is height differential on the roof.  It’s a split foyer house.  Prior to purchasing the home we had an inspection completed.  The inspection report stated the roof was new (two shingled stacked).  The report states his inspection was completed from the ground with binoculars and the flashing could not be observed.  Two nights ago, the ceiling collapsed on to the floor.  Insurance will not cover the claim because it was not due to peril.  The inspectors summary did not disclose any defect’s on the roof and the seller is stating they never lived here so they were not aware.  They contacted the company that installed the roofing and they only guarantee their work for one year.  Do we have any recourse other than out of pocket?  Below is the inspectors checklist.