Quote:
Originally Posted by RobertScott
This means you would only be looking for cash buyers, those who would have mortgages have to get insurance and they won't get it for a 15 year old roof.
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Not necessarily. For buyers who need a mortgage and cannot get insurance, you can always include a new roof in the contract. But once you buy a new roof, potential buyers will discount the cost you paid for it. I suspect that a lot of houses being sold have roofs that are older than 15 years. They are not all uninsurable.