Quote:
Originally Posted by MandoMan
When I first bought in The Villages four years ago, the fact that the roof and HVAC system and appliances were only a year off and the bond paid off definitely convinced me to make an immediate full-price offer. That may not be the same as getting your money back, but if the alternative is no sale or sale for a lot less, it’s something like that. These days, if buyers discover before the sale is completed that they can’t get home insurance unless they put on a new roof, they may cancel the sale, require the owner to put on a new roof for the sale to go through, or ask for a cut in price. Wouldn’t you?
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I would just point out that an individual buyer requiring a new roof for a guaranteed sale, and a seller installing a new roof hoping to recover the cost from an unknown buyer are two different situations.