Quote:
Originally Posted by retiredguy123
You need to understand that, as a buyer, the sales agent represents the seller, not you. So, any information she provides is designed to facilitate the sale, not to assist you. You are asking the wrong person for information.
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You need to speak to an insurance agent not only about the age of the roof but the HVAC, as well. Knowledge is power. If you are paying cash for the home, negogiate a better price due to the age of roof and HVAC. You will then have money in reserve to pay for a new roof and HVAC.
If you are getting a loan, negotiating a better price for the home will not help. You will have lower monthly payments but will have to spend approx $20,000 to replace the roof. Negotiating with the seller to replace the roof and possibly HVAC before you purchase the home is a better option.