What to Know…Before Buying or Selling a Home in Colorado Springs

A home inspection is a key and, in many cases, required part of the home buying process. As a buyer, you’re making a big investment and you, your mortgage company, and insurance company need to be sure that you’re not taking on unnecessary risks. As a seller, you might want to make sure you’re not leaving money on the table. In this blog, we’re going to talk about why it might be a good idea to have a licensed roofer perform their own inspection prior to buying or selling a home in the Colorado Springs area.

 

What a Home Inspection IS and ISN’T:

A home inspection is a thorough inspection of the structure and systems within a home and in many cases, they can take several hours to complete. A home inspector must be up to date on current codes as well as knowledgeable about all of the inner workings of a home from the foundation to the roof, and everything in-between. While this might seem like it’s enough to give you an accurate picture of the condition of the roof, a general home inspection tends to only cover a cursory look at the attic and roof which could leave you exposed in a real estate transaction.  Below is a list of some of the things that are NOT required of a home inspector:

  • Walking on the roof when it is not internally accessible. This means, if ladder access is their only way onto the roof, they will likely just inspect it visually from their ladder.
  • Removal of debris, snow, or ice that is obstructing areas of the roof from being assessed.
  • Inspecting other roof attachments like antennas, satellite dishes, or lightning arresters.
  • Checking powered roof ventilation to determine if it’s working properly.
  • Determining whether the roof is adequately ventilated.
  • Checking for the presence of hail damage.
  • Checking for manufacturer or workmanship defects.
  • Indicating the number of roofing layers present.
  • Determining the remaining life expectancy of the roof.
  • Inspecting internal gutter and downspout systems.

 

Roof Inspections for Buyer

Only an experienced and licensed roofer can tell you if those curled up shingles or minor gaps in the flashing have caused severe water damage to the underlying structure. A roofer will go through the attic and across the entire roof surface inspecting the shingles, attachments, flashing, HVAC caps, plumbing boots, ventilation, gutters, and downspouts  in detail, noting any problems and the impact they may pose. Having a good idea of required roofing repairs or related structural damage gives you better leverage when you negotiate the price of the home and the conditions of the sale. If you have a detailed report on the state of the roof, you can argue that the price of the home should be reduced to offset the cost of the repairs or replacement or that the seller should take care of the issues before closing. As a buyer, you can also ask that the seller get a roof certification. We’ll talk more about that later.

 

Roof Inspections for Sellers

When you go to sell your house, many experts suggest you get the roof inspection out of the way before listing it.  A pre-listing inspection could make the whole sales process faster and easier for everyone involved and when you know the value of your roof going into negotiations, you retain more power than you otherwise might. If a buyer feels that the roof is going to be a financial drain on them in the future, they’re likely to ask for a reduction in price to compensate, meaning you come away with less money at the closing table. If you’re not looking to offer a credit to buyers, taking care of these issues prior to listing means you can get ahead of potential hang-ups and will ensure you can sell at the top of the market.

 

What is a Roof Certification?

While a roof inspection is an important step in the selling process, it’s a roof certification that could seal the deal and put buyers’ minds at ease. It’s not included in a standard inspection, but it’s worth it for sellers who want to reassure buyers that the roof will remain in good condition for the near future. A roof certification is a document from a roofing professional meant to inform the homeowner (and prospective buyers) about the roof’s condition and expected lifespan and is typically valid for 3 to 5 years after inspection. If problems are earmarked and your roof does require some TLC, you’ll be issued the certification once the necessary repairs have been made.

 

New Construction

With a new construction sale, your contract will include a final walkthrough, but it might or might not include an inspection. Sure, throughout the construction process the building department will perform periodic inspections to ensure the structure and systems meet code but, you’d be wise to ask to include an inspection contingency and plan on ordering your own independent inspection. One reason a buyer might be moved to buy a new construction home is the expectation that it will be free from issues found in aging houses. But even though a home is brand new, it can still have issues. In fact, sometimes issues in a home are indeed the direct result of its status as new construction. In some cases, builders work too fast because the longer it takes to build a house, the more money it costs them. Builders may also only strive to meet the bare minimums of code and they frequently rely on subcontractors whose competence and diligence might range significantly. On top of all that, sometimes mistakes just happen. Buyers should definitely not assume that their home will be flawless just because it is new construction. Thankfully, most new homes come with a warranty of at least a year so if you notice anything during that time, contact your builder right away.

We know we’ve given you a lot to think about. If you’re looking to buy a new or existing home, call, text, or email Petrali Roofing or fill out the form for a free, no-obligation roof inspection so you can be ready to negotiate before making your big investment. If you’re selling your home, let us inspect it for you and prepare a report so you can put your best foot forward in the listing and if you’re looking for a roof certification, we offer either a 3-year or a 5-year at an additional cost. Contact us today for more information.

2021-09-08T02:17:10+00:00
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