We've hit a bump in the house buying road......

[Minnymouth]

scammer - that was some good advice.....

[scammer]

Y'all are lucky! here in Sunrise they won't even let us double layer! Sorry the deal is having glitches.

Thats exactly my point, either they bought it like this, and no one caught it prior. Thats sellers problem, sad, but it is there baby now.

Or, they threw the fourth on themselves, hence I would be curious on permits issued by inspector on this property.

I can't believe a mortgage could go on this place with roof like that. Mortgage investors have guidelines to loans that they buy to prevent crap like this from happening.


ohh, by the way, if a little local bank wants to keep the loan in house, fine, but foolish getting into a deal like that.

[JeepMom]

So you're saying screw them on giving them any money at all for the roof? That's not right.

I'm willing to pay higher if the house appraises higher with a new roof.

[Minnymouth]

Make them replace the roof before the sale (at their expense)...... so insurance company and mortgage company will accept it.......

Let them know the mortgage company will not finance with the roof the way it is......

They already know they have too anyways..... or no sale....

Why should you be out the expense.....

[JeepMom]

Well ya, the only way we're moving in is if the roof is fixed or the money is escrowed so we can move in and get it fixed. BUT with a new roof the house is worth more. Not worth the cost of the roof more but some where in the middle.

I don't know why I haven't heard back from the realtor yet.

[scammer]

Slow down, sorry lady, but my guess is your hearts in this deal, please remove it, isn't good for your financial welfare.

Now I have given you alot so far, remember "If it is to be it is up to me" little saying.

1st, can the property be sold or not with this code violations, and a mtg put on it. Do your homework, if you are sincere about wanting this deal. My guess, is no, but I don't know for sure, never been in this kind of a deal, or at least this far down the road on a deal and a roof issue comes up like this. Find out, and find out all the other info I asked it is important. Also how many days on the market for this thing?

If the answer is "no" with the roof deal, you are in a stronger position.

If the answer is yes, they will pass on your deal, unless you pay for there problems.

To much guessing going on, more facts needed, by the way what is assessed, when did they buy, and how much? Courthouse has alot of these records, probably on the internet.

I am a little hard on ya honey, but leave your emotions at the door. First you said 4 layers, then 5, they owned it outright, they have it mortgaged to the hilt, your worse than my wife at the Annual Dillard's Dress Sale, HELD THREE TIMES A YEAR. See the joke is it isn't annual if it is held three times a year.

I can't render an opinion and neither can you, until we sort out a few things. And if someone comes along and wants to pay, $10,000 more, let them. By the way, now that the roof deal is in the open, selling realtor has to disclose to future buyers on disclosure sheet.

As far as the house will appraise higher, no idea, maybe, maybe not. Appraising is an art, unfortunately alot is magically the same as the bank is looking for, and the buyers heart wants to hear.

[NASCAR20FAN]

Jeep Mom is going to be my Guru when I start shoping for a house

[SinkingFast]

JeepMom,..........

Just catching up on your thread.

4 roofs is a lot of weight for the walls of a house to bear. Check out the weight per square or bundle at any Home Depot or Hardware Store. Even basic, 3 tab shingles, times 4 layers is a lot of weight.

That amount of weight begins to push downward on the walls and the tops of the walls can bow outward. You may or may not see evidence of it inside the house as you do a walk thru.

Plus, 4 layers is a lot of surface area to trap moisture. There could be damage to the sheating that will show up when the roofs are removed. The roof job could be much more involved than the current owners even realize.

A lot depends on how long those 4 layers have been on there.

Scammer has given you lots of good advice. Take a step back and see the house for what it is, structurally speaking. Not what you want it to be. Not with your mind's eye of how it's gonna be with your family living there.

Keep in mind that house hunting is shopping in windows of time. Another window of opportunity may be waiting right around the corner for you.

[JeepMom]

The roof is a complete tear off job. The boards under have to be removed. There are 4 layers of roofing. I was mistaken in saying 4+ original. It's the boards/original roof +3 layers.SO there are 4 layers of roofing.

Right now as it stands we were going to pay $93K(no closing costs) for the house. So really they were getting $91K.

With everything said here I think I am confused. I'm not buying the hosue as is. The roof has to get fixed, I don't think I've ever said other wise. I'm not paying for the whole roof. The most we will add is 1/3 of the cost of the roof meaning the new bottom dollar to the owner would be $94. I think it's fair. BUT Then you add in the fact that it underappraised at $89K. Adding a roof won't add the total cost to the value of the home. I think our top dollar will be $92-93K. We were looking at totaly replacing the roof ourselves. I think paying some twords the roof is fair.

If they don't work with us on this we will walk away. We are already looking for another house. It's just hard because this one has a lot of good qualities to it that we really like. BUT we are not going to let ourselves get screwed in the deal either.

[LostOne0069]

If you haven't already done so... hire someone to do a complete home inspection. A lot of general contractors do this kind of thing. They'll go through the whole house, foundation to roof and list out anything they find wrong and give you estimates on how much it would cost to fix those issues.

If these people were willing to put 4 layers of roofing on the house, the question is, what ELSE is hiding there waiting for you to discover it after you buy it.

[brokemommy]

I have been lurking around following a few threads, I had to jump in. Did you hear a word scammer is saying. You are so emotionally in this deal, your not letting good judgement decide what to do. Many of the questions and info he asked you to obtain, you have yet to get. My personal feelings are people that have nothing to put into a deal, known as "no money down" are able to be manipulated by sellers. My brother tried to buy no money down, was successful, and bought someone else's bunch of problems. Appraising houses to a degree is a joke, unless it is in a subdivision and the builder has many of the same style. Finding the true value, is very subjective, and influenced by the pressure to complete a deal.

Good luck, and I hope this deal falls through, people with nothing down or savings for an energency shouldn't be buying $100,000 assets. My suspicion is you will get this deal, by stepping up, overpaying, and no worrying about the final price. My guess is your realtor is convincing you right now that the payment on thousands more is only a few dollars over thirty years. This country is all about the payment.


By the way, you didn't ask for any inspections on the offer to purchase did you?

[brokemommy]

If you haven't already done so... hire someone to do a complete home inspection. A lot of general contractors do this kind of thing. They'll go through the whole house, foundation to roof and list out anything they find wrong and give you estimates on how much it would cost to fix those issues.

If these people were willing to put 4 layers of roofing on the house, the question is, what ELSE is hiding there waiting for you to discover it after you buy it.

She can't she is already in the deal, and the offer is accepted. I used to be a realtor, common sense is out the door, emotions are in play. Listen to scammer, he is pretty sharp.

[SinkingFast]

The roof is a complete tear off job. The boards under have to be removed. There are 4 layers of roofing. I was mistaken in saying 4+ original. It's the boards/original roof +3 layers.SO there are 4 layers of roofing.

Right now as it stands we were going to pay $93K(no closing costs) for the house. So really they were getting $91K.

With everything said here I think I am confused. I'm not buying the hosue as is. The roof has to get fixed, I don't think I've ever said other wise. I'm not paying for the whole roof. The most we will add is 1/3 of the cost of the roof meaning the new bottom dollar to the owner would be $94. I think it's fair. BUT Then you add in the fact that it underappraised at $89K. Adding a roof won't add the total cost to the value of the home. I think our top dollar will be $92-93K. We were looking at totaly replacing the roof ourselves. I think paying some twords the roof is fair.

If they don't work with us on this we will walk away. We are already looking for another house. It's just hard because this one has a lot of good qualities to it that we really like. BUT we are not going to let ourselves get screwed in the deal either.

I understood that you meant 4 layers of shingles on top of the sheating.

And that the roof would be repaired prior to you taking possession.

But still, that's a lot of weight for the walls to bear. Basic 3 tab shingles. Cheapest you can buy, weigh 205-230 pounds/square. Take that times however many sqaures the roofer has said it will take to repair the roof. Then take that new number times 4 for the number of layers of shingles currently on the roof. That's a LOT of weight for the walls to bear.

That much weight can push the tops of the walls out. I've seen it. A house we looked at when we were house shopping the last time did not have sufficient joist support in the roof for one roof. Originally built that way. Over time, the roof settled down onto the walls pushing the tops of the exterior walls outward. The whole ceiling inside the house, from one end to the other, had a one inch crack in the plaster/drywall. From the outside, you could see the walls tucked in at the corners of the house and bowed out in the middle along the eaves.

This may not be the case with the house you're looking to buy, but it is a definite possibility. Even if the owners do rip off all the old shingles and replace damaged sheating, you could still be looking at some serious structural issues beyond a new roof.

[JeepMom]

If you haven't already done so... hire someone to do a complete home inspection. A lot of general contractors do this kind of thing. They'll go through the whole house, foundation to roof and list out anything they find wrong and give you estimates on how much it would cost to fix those issues.

If these people were willing to put 4 layers of roofing on the house, the question is, what ELSE is hiding there waiting for you to discover it after you buy it.

We already did and those issues have been addressed and fixed.

[LostOne0069]

We already did and those issues have been addressed and fixed.

Cool. I just wanted to say it because WE didn't do it on our last house... and the resulting remodeling is the primary cause of the debt that is putting us into BK.

As for the weight on the roof thing? Well, if the roof was properly designed then even 4 layers of roofing isn't going to overload it. Yes, roofing shingles are heavy... but 230 pounds spread out across the 3 square yards or so of roof is no big deal... or even 4 x 230 pounds. If a roof was that fragile, then it would collapse under the weight of snow... or you'd risk damaging it when you walked on it.