Selling a house in San Diego with major repairs, such as roof leaks, can be a tricky situation. Homes that are distressed in need of repairs make the selling process much more complicated. Today, we will give you a realistic overview of the process of selling your San Diego house with roof leaks and the pros of cons that you will be facing. Let’s get into it!
Roof Leaks!
Selling a house with a roof leak is definitely achievable, but it comes with many obstacles. When there are obvious repairs like a leaky roof, potential buyers that are looking for a turn key home will run the other direction. To them, this is just the beginning of a laundry list of repairs that a house in need of fixes may have. Bungalow.com further explains what a turnkey property is. “A turnkey property is a move-in ready home that doesn’t require any major repairs or improvements before it is livable. In some circumstances, the term turnkey is used to describe a newly renovated property that doesn’t even need a fresh coat of paint, while other times, the word can refer to a home that is fully furnished, too.” Many home buyers in today’s real market are not looking for a project. They are looking for a home that is picture perfect and ready to move in. When walking through an open house and a leaky roof or water damage is evident, not only does it scare away buyers, but it the list of costs that the house will incur start adding up in a homeowners mind.
What Other Problems Can a Leaky Roof Cause?
A leaky roof usually is the just the beginning of the problems that can start to quite literally trickle down. Leaky roofs can cause a lot of damage in a short amount of time. Not only does the leak cause obvious roof damage, but it can cause damage to walls, ceilings, foundations, and home systems. Steady House Foundation Repair explains that, “If you are having a roof leak, only to find no explainable cause, it could actually be a foundation issue. A sturdy roof can typically withstand a few inches of foundation shift, but eventually, it will start to curve and separate. This will allow rain to leak into your home and the moisture will cause further damage to the roof. ” Leaving a neglected roof leak can cause structural damage in addition to shingle damage and gutter damage.
How Much Does a Leaky Roof Repair Cost?
Depending on the location, size, and severity of your leaky roof issue, costs can vary greatly. According to This Old House, “Depending on your location and the necessary repair, roof repair costs can be as low as $150 or as high as $8,000. Here are the main factors that determine what you’ll pay:
- Repair type: The larger or more complex the repair, the more it will cost.
- Material: Some roofing materials are more difficult and, therefore, costlier to work with than others.
- Roof features: Structural elements are more expensive to repair than surface features.
- Pitch/design: If your roof is steep or difficult to access, labor costs will be higher.”
These types of costs can be very daunting not only to a homeowner that is considering making the costly repairs before selling or to a potential homeowner that will have to incur the costs if they purchase your home.
Can I Ignore My Leaky Roof?
Well, if you want to sell your home “as-is” you can try to sell your home with all of its problems. However, in a traditional sale, any issues with the home, such as a leaky roof, will come up during a home inspection. When issues such as a leaky roof come up during a home inspection, this can greatly trigger a homeowner who is in the process of escrow because this sends a red flag that there could be many other issues that the home may have and that they don’t want to have to deal with. Of course, you can ask for a credit if there are major roof issues, but homeowners become worried that the house is not in tip top shape and make even shy away or pull out of escrow completely.
Trusted House Buyers Can Help
If your San Diego home has a leaky roof and you are trying to sell your home, it is obvious now that it can be a very challenging and stressful process. To avoid the hassles of trying to come up with the funds to pay for the repair, or putting your home up for sale, only to find homeowners pulling out of escrow last minute once roof repairs are revealed during the home inspection, the simplest and easiest option is to sell your home to Trusted House Buyers. At Trusted House Buyers, we are a cash buying company here in San Diego that specialize in buying homes in “as-is” condition. That means, we buy homes that need repairs, like leaky roofs, and take the issues on ourselves. There are no hidden fees, no hidden costs, and no hidden inspections. It is what we do actually! We take homes that are seriously distressed so homeowners don’t have to deal with the roller coaster of a traditional sale. After all, homes with issues have a very hard time comparing to turnkey homes on the market. Give us a call at 619-786-0973 and we can walk you through how our process works, and how we can help you sell your San Diego home with a leaky roof. We look forward to working together!