Hey, My Buddy is a Roofer…

by Osman Parvez



The moment we stepped into the backyard, I saw it.    My buyers didn’t notice but I sure did.    


At some point, the current (or previous) homeowner decided it was time for a new roof but didn’t want to pay the additional expense to remove the old one.   It’s not uncommon to see multiple shingle layers in Boulder, but have you ever seen composite shingles installed over shake shingle?  


It’s not easy being green

Now you have.   Something tells me this installation wasn’t to code.  Check out the moss and rot!


My buyers were contemplating making an offer on this house in the University Hill neighborhood, but after I pointed the roof, they wondered what other short cuts the seller may have taken.    Of course, any offer would now need to take into account a full roof replacement and any lender would probably want to see it done before closing.    


The house was cute but with a half dozen or more attractive options in the $800,000 to $1,000,000 range, it was easy to focus attention elsewhere. My buyers weren’t in a rush, they could afford to be patient. 


Buy side advice:  Think about how obvious inspection issues will likely play out before writing the offer.  A competent buyer’s agent can help you.  While the contract protects your earnest money, you will still incur significant due diligence costs.  The seller may or may not budge when you later ask for price reductions or repairs related to inspection issues, flushing your inspection costs into the proverbial money hole. 


Sell side advice:  Either correct the problem now or be prepared for the issue to arise later on inspection.   By law, any knowledge of the issue must be described on the Seller’s Property Disclosure.   Obvious and glaring issues should always be corrected before listing – it’s far cheaper when you can control the choice of contractor and the timeline.  As the seller, you also look like a rock star when you fix stuff properly and fully disclose the repair to potential buyers.   


Remember, ethical behavior engenders trust – a critical factor in high dollar negotiations.  

Like this analysis?    Subscribe to my research.          Ready to buy or sell?  Call me at 303.746.6896. As always, your referrals are deeply appreciated.  

Welcome to House Einstein

Locations, Due Diligence, Negotiation

Testimonials

We can highly recommend Sophie. Her attention to detail and communication skills are great. Our home was in area that most realtors are not familiar with, but Sophie took extra time to get to know the neighborhood in order to give us quality service. She also brought in a professional photographer to make our home look its best. Even though the listing was in winter, the house sold quickly. With Sophie’s business and people skills, we have no doubt she will be a top realtor in the area.

Osman was a refreshingly honest realtor. He stressed through the entire process that his goal was to make me happy with my home purchase. I greatly appreciated the fact that he never shied away from pointing out the negatives as well as the pluses of different places while leaving the final decision up to me.

Share This Listing!

More about the author

Osman Parvez

Owner & Broker at House Einstein as well as primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has appeared in the Wall Street Journal and Daily Camera.

Osman is the primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has also appeared in many other blogs about Boulder as well as mainstream newspapers, including the Wall Street Journal and Daily Camera. Learn more about Osman.

Facebook | Twitter | Instagram | YouTube

Work with

House Einstein

Thinking about buying or selling and want professional advice?
Call us at 303.746.6896

Your referrals are deeply appreciated.

Like this content? Want more fresh listings? Subscribe to our newsletter!

This field is for validation purposes and should be left unchanged.