NEW ROOF?

[Robert Broadie]

I just purchased a home in a good neighborhood that I am flipping.  There are no leaks in the roof, however, it appears to be about 15 years old.  There is limited discoloration in areas.  I want to know whether is will be worth replacing the roof?

[Rodney Marcantel]

Options...

• Leave roof - risk that house will sit longer and eat into profits due to holding costs and run the risk that a bank won't fund the loan for a buyer.
• Replace roof with 25 year shingles - costs you more up front but is great selling feature and eliminates the chance that a bank won't fund due to the roof. 

Bottom line... would you purchase the home for your family if I gave you $8,000 discount on the purchase of the home to replace the roof. More headaches for you the buyer and chance that a leak could form sooner than later. As a buyer, you'd probably pass on the house since you don't want to deal with the headache of finding a roofer and dealing with the pain of a roof replacement nearly after you bought the house.

Show you are trustworthy and dependable flipper by being a full service seller and who knows, your buyer may refer you to another buyer down the road because of how well you took care to sell a quality and like-new home (to them). Hope this helps. Blessings.