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Updated over 2 years ago on . Most recent reply

User Stats

229
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Bob Willis
  • Investor
  • Curtis, NE
139
Votes |
229
Posts

inspection shows totaled roof

Bob Willis
  • Investor
  • Curtis, NE
Posted

Hey All,

I bought a small triplex in September 2020. Now because of personal circumstances I am selling.

I just accepted an offer. The buyers had an inspection done and are claiming roof needs to be replaced because of hail damage.

The buyers then had a roofing company come out and inspect the roof, the roofing company findings supported the conclusion that hail damage had degraded the roof.

There have been no hail storms in the two years I have owned it.

When I purchased the property the previous owner declared that a new roof had been installed in 2019. My inspector found no issues with the roof when I purchased it.

I am at a loss on how to proceed. Replacing the roof will cost me $12k.

Any ideas or am I just stuck.

Thanks,
Bob

  • Bob Willis
  • Most Popular Reply

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    Nathan Gesner
    • Real Estate Broker
    • Cody, WY
    41,092
    Votes |
    28,085
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    Nathan Gesner
    • Real Estate Broker
    • Cody, WY
    ModeratorReplied
    Quote from @Bob Willis:

    They buyer wants a new roof. The roofer wants the job. Neither of them has any incentive to be honest. They're just trying to get a new roof on your dime (or the insurance company's dime). You can always reject their offer and find a different buyer.

    • Nathan Gesner
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    The DIY Landlord Book
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