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Jack Lewitz (Exit Strategy Realty)

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Rainmaker
790,506
The Woodland Team of Texas
The Woodland Companies - Austin, TX
Land Specialists

Buyer should make their offer based on what is presented.

Nov 04, 2018 01:50 AM
Ambassador
6,658,920
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Was you offer made with this old roof on it?  if so then why demand a new roof unless you are willing to pay more?

May 01, 2018 10:57 PM
Rainmaker
1,683,918
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

I would conside replacing it.  It will be ready soon, if not already.

Aug 13, 2015 12:30 PM
Rainmaker
907,647
Tamra Lee Ulmer
Arizona Resource Realty - Payson, AZ
NRBA ~FORCE~ Over 1000 REO Assets SOLD!

I would suggest a replacement.

Aug 13, 2015 08:29 AM
Rainmaker
212,810
Stefan Winter
Real Estate in IL & NV | Owner of Real Estate Web Tech | Daily Vlogger - Las Vegas, NV
Owner - Winter Group & Real Estate Web Tech

At that age I'd expect it to be replaced, but depends on the condition also. Get the 2nd opinion from someone you picked no matter what the seller or association says, otherwise I'd walk away from that deal.

Aug 13, 2015 02:57 AM
Rainmaker
2,839,528
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Bye bye old roof...hello new one...Its the smart thing to do IF you can do it

Aug 13, 2015 02:57 AM
Rainer
274,109
Curtis Evans
Cabin Realty LLC/ USA, Licensed in Louisiana - Golden Meadow, LA

Replace or retreat !!

 

Aug 13, 2015 12:58 AM
Rainmaker
2,435,098
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

replace 

Aug 13, 2015 12:37 AM
Rainmaker
699,277
Chris and Dick Dovorany
Homes for Sale in Naples, Bonita Springs and Estero, Florida - Naples, FL
Broker/Associate at Premiere Plus Realty

A new association is needed.  Get an expert opinion and not that of a Realtor.

Aug 12, 2015 11:54 PM
Rainmaker
931,198
Jeff Pearl
Samson Properties / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

probably replace, but not always. many times 15 year shingles will last 25 years, etc. If they look brittle and are curling, i would replace them. I would think owner can decide without advice from the association, but i don't know what it says in the hoa docs?

Aug 12, 2015 11:44 PM
Rainmaker
1,466,257
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Jack Lewitz In this case it probably the responsibility of the HOA. Check the HOA docs it there is a scheduled roof replacement. A second opinion with give the buyer a warm and fuzzy. Depending on the type of roof, 28 years is probably near the life span of the roof.

Aug 12, 2015 11:38 PM
Rainer
231,279
Mike Rock
Complete Design - Granite Bay, CA
Granite Bay Luxury New Construction...For Less

hoa's have some special rules and considerations. it also depends what is on there now, and what is to go on it. how many units in the hoa? lots of issues. also need to know the quality of the structure of the roof

Aug 12, 2015 11:25 PM
Rainmaker
1,677,946
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Has it been maintained well?  Does it need replacing?  The Home Inspector would be making these calls.  Age takes it's toll on us all.

Aug 12, 2015 11:11 PM
Rainmaker
5,584,328
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

move on to another townhouse.... that roof is on its last leg....

Aug 12, 2015 11:03 PM
Rainmaker
846,575
Marco Giancola
Beachfront Realty - Miami Beach, FL
Realtor (305)608-1922, Miami Beach Florida

Sounds like the association is under funded or ill prepared to pay for new roofing. If its an asphalt or shingle roof its life span is over!

Aug 12, 2015 10:48 PM
Ambassador
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Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

My guess would be the Association doen't want anyone going on the roof to see how bad it is!  :-)    In the end, the Association is being foolish.  The roof is their responsibility and, eventually, needs to be replaced.   Repair, repair, repair... then replace?  Penny wise, dollar foolish.  What may happen,  knowing the roof issues, the assessments will go up AFTER your buyer purchases.  They (the buyers) may want to consider that in their calculations of potential monthly costs and make an adjustment to their offer?  

Aug 12, 2015 10:37 PM
Rainmaker
5,093,119
Richard Weeks
Dallas, TX
REALTOR®, Broker

Does the Association has the authority to keep a professional roofer off the roof.  That is a big item I would want a professionals opinion.

Aug 12, 2015 10:31 PM
Rainmaker
1,895,193
Cindy Jones
Integrity Real Estate Group - Woodbridge, VA
Pentagon, Fort Belvoir & Quantico Real Estate News

A qualified roofer would be the one to determine whether the roof is still servicable or needs to be replaced.  There are different quality shingles and some are rated for 40 years.  If the roof is part of the HOA fee for replacement then it will be the HOA that determines when it is replaced. 

Aug 12, 2015 09:42 PM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

The roof, in this situation, is most likely the responsibility of the association.

The owner can not compel the association to replace the roof. Identify on the association maintenance schedule when the roof is scheduled for replacement.

If special assessment is needed, that would be IMPORTANT to find out.

High grade shingle roofs can last 30 years, tile roofs 40 years and metal roofs over 60 years.

Aug 12, 2015 09:40 PM