Category Archives: Home Tips

Tips to Make Your Roof Last as Long as Possible

If you pay for something for 15 ,20, or 30 years, the typical loan term, you want to make sure it lasts.

Good roof

The article give several, easy tips to maintain your home’s roof so it stays the valuable asset you purchased.

Here.

Don't let your roof get like this....

Don’t let your roof get like this….

If you are buying a home and getting a home mortgage, the roof is examined as part of the appraisal.  The appraiser has to look at the home’s roof and make a statement if they think the roof has a remaining life of at least two years.  The appraiser is not a roof inspector, and will state that and the buyer should get a certified roof inspection if they are concerned about the remaining life of the roof.

If you are selling a home, consider this and make any necessary repairs before you list the home so your buyers loan doesn’t have problems that come up in the appraisal stage.

                               For more information about the appraisal process , go here.

Some loan programs allow for roof replacement and repairs, the FHA 203k and Fannie Mae Home style renovation.

Still, most people won’t have roof issues when they buy a home if they take a good look at the roof for sagging, missing shingles or other signs.  When in doubt, get an inspection it’s very inexpensive assurance in the long run.

After all, if you get a home loan and make mortgage payments for 15,20, or 30 years, you want to enjoy it after you have paid off your home.

 

 

 

 

 

 

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