Home : Blogs : Joan Rogliano : Joan's Blog

Putting a lid on it: Is Roof Replacement Neccessary?

Remember my client from last week who failed to get an inspection before purchasing her home in the divorce? She recently got an offer on her home.

During the inspection it was revealed that the roof was a Woodruff product, and there had been a class action law suit against Woodruff for their defective roof products.

We've been hearing conflicting reports that lenders are requesting 5 year certifications for the roof or will require the roof replacement. FHA is apparently more restrictive. My client has a roof inspector stating that the roof is in fine condition and he is willing to provide a one year warranty, to be renewed annually after inspection.

What's the best approach for successful negotiations and a smooth transaction? Your input would be appreciated!

Joan Rogliano has been practicing real estate for 25 years. She is a Certified Luxury Home Marketing Specialist and a Certified Real Estate Divorce Specialist.

Posted by Joan Rogliano on 09/18/2009 08:53 AM

Comments (2)

Roofing Issues in the ActiveRain Channel

divorce, inspection, roof, divorce and real estate

This post has been included in Colorado Information
Post is included in group: The Art Of Marketing You
Post is included in group: Realtors®
Post is included in group: Rainmaking - Internet Marketing Strategies
Post is included in group: Divorce and Real Estate
Post is included in group: Active Rain Newbies

2 Comments on Putting a lid on it: Is Roof Replacement Neccessary?

SEP

First of all, I'd find out if this paricular roof uses the problem materials. It's unlikely that ALL products made by Woodruff are defective.

As Richard says, it's unlikely all the products are defective and it's more unlikely that all rooftops will need replacing.

If an inspector here said the roof was OK, the buyer would probably take him at his word, or get a second opinion.

I would probably verify with the home insurance company, to make sure they will insure the house and will cover any damages, should the roof prove to be defective, or maybe, at least, find out if the insurance company has any issues insuring a home with a Woodruff product. I can't think of anything else you can do.

Leave a response…

Name:

Email:
(optional)

Comment:

What does the graphic say?