How to Sell a House with a 20 Year-Old-Roof Successfully

Did you know there was a 17.2% increase in home sales in Memphis between January and February this year? Also, the median sale prices of houses in the area were registered at $165,000, a rise from last year. The high demand for houses, even those with old roofs, by cash home buyers is the reason behind this rise.

Selling a house with a 20 year old roof will save you from the new costs associated with replacing or repairing the roof. With the competitiveness in the Memphis real estate market, a 20 year old roof home sale may give you room to negotiate for better offers.

Do you have an aged roof house you want to sell and don’t know what to do? Our guide will enlighten you on how you can achieve a successful sale. Continue reading to learn more.

Find a Direct Homebuyer

A cash homebuyer is the ideal solution to prevent delays and inconveniences when selling an old roof house. Our company has a simplified process, free from paperwork and legal requirements. We buy houses for cash without involving middlemen like agents or mortgage lenders during closing.

Our simple buying process will start when you give us a call. You’ll find a contact form on our website, which you should fill out. The form should include information about your home, name, and phone number for easier meetup scheduling.

Once we plan a meetup, we’ll come and inspect your home, including the roof’s condition, for appropriate appraisal. We will then want to know your objectives or goals before suggesting our cash offers. After agreeing on your property’s sale price, you’ll sign a legal sale contract, send you the cash, and take over your property’s ownership.

Perhaps you may be wondering how to find a good buyer when you want to sell a house for cash. One of the parameters to consider is the cash buyer’s reputation and credibility. Visit our website, read the reviews from past clients, and check its profile on the Better Business Bureau.

Comparing several cash home buyers is another way to find the right one. Check their offers, experience in the Memphis real estate market, and locations. Regardless, we’re among the most trusted direct real estate buyers you can rely on for your aged roof home sale.

Price Fairly

One of the mistakes that can cause you to price your old roof home wrongly during the sale is underestimating its worth. Unfair or exaggerated prices discourage potential buyers, causing selling delays. Even if you’re selling your home due to emergencies, take the time to research average market rates for similar properties.

We suggest you hire an experienced home appraiser who understands the Memphis real estate market. Working with an appraiser may prevent buyer appraisal surprises that cause renegotiations.

If you’re in a time crunch, price your house slightly below or above the market offers to see how buyers react. This doesn’t mean you sell your home at a throwaway or hiked price – we encourage this to help you attract serious cash buyers.

Inspect the Roof

A 20 year old roof in your house for sale may have some issues, such as leaks and flashing problems. Expert inspection before contacting a home buyer allows for a timely correction of such problems. Getting your house’s roof fixed enhances its curb appeal, which grabs the attention of many cash buyers.

When your home has an appealing and functional old roof, it makes buyers not bargain for lower offers. A functional roof for your home on sale may prevent back-outs at the last minute by potential buyers.

You may be wondering, “How do I find quality roofing inspection and maintenance to help sell my house fast?” When looking for inspection services, ask the roofing contractor to enlighten you about the major areas they inspect. Some areas of your roof that the contractor shouldn’t ignore include flashing, soffits and fascia, and penetrations.

Be Honest

Are you among people who say, “I want to sell my house today, but I don’t know what to tell cash buyers regarding its roof condition.” Honesty when selling a home with an aged roof will build your trust with the buyers. When there is trust, negotiations happen smoothly, and everyone is happy.

When you give us correct information about your house’s roof, you protect us from unrealistic expectations. This saves us from surprises that may cause misunderstandings and delay your home sale process.

One of the things to disclose is the correct age of your home’s roof. Such information enables us to determine potential roof repair or replacement needs. We may request installation records and maintenance or repair receipts to verify if your house’s roof is 20 years old.

We may need to see the manufacturer’s labels on your house’s roofing materials during inspection. This also allows us to assess your home’s type of roofing and its lifespan. We expect you to disclose previous wear, UV damage, or any other issues that may have affected your roof’s structural integrity.

Market Properly

Marketing a home with an aged roof during a sale allows you to present it as a worthy investment to cash buyers. You grab the attention of flip and fix real estate investors – they buy all kinds of ugly homes for renovations and resale.

Don’t worry about, “How can I do the marketing to make real estate investors buy my house with an old roof quickly?” When presenting your property, highlight the positive side, like the recent roofing improvements you’ve made. By this, you show the buyers that the house is still in good condition despite the roof’s age.

Yes, the roof is old, but it doesn’t have to look ugly. Getting your roof thoroughly cleaned by an expert and even painted are some staging tips to consider. When choosing a paint for the roof, select one that complements your house’s exterior colors and resists UV damage.

Most home buyers are looking for eco-friendly homes that can save on electricity bills. Highlighting energy efficiency features like roof insulation will attract amazing cash offers.

Giving us a virtual tour of the exterior and interior of your property’s roof is an added advantage. If you can’t do this, take quality photos of even the recent roof upgrades and send them to us.

Have the Roof Warranty

The roofing company may offer certifications or warranties that indicate the roof is in good shape. The company can use a roof certification as a selling tool, offering you peace of mind. 

A transferrable roof warranty can make potential buyers perceive fewer or no risks of buying your house. Roof warranties add value to residential properties, translating to good sale prices. If your house’s roof has a lifespan of nearly 20 years, a warranty will save the buyer from extra replacement expenses.

Some transferrable roof warranties include the manufacturer’s, workmanship, and extended warranties. The manufacturer’s warranty will protect the buyer from defects that may arise on the roofing material. Fading, shrinkage, and blisters are some common roofing material defects.

The workmanship warranty covers damages that may arise after roofing repairs and maintenance. Some issues covered by this warranty include ventilation issues, leaks, ponding water, and blow-offs. The extended warranty covers both manufacturing defects and maintenance issues.

A cash home buyer may request to know your roof warranty’s coverage period. So, be aware of the remaining coverage duration. Note the warranty’s exclusions or limitations and inform the buyer before closing.

Sell the House As-Is

Selling your house with an old roof as-is eliminates the need for repairs and contingencies. This reduces the financial burdens and stress associated with traditional home selling methods. Any cash buyer who decides to purchase your home as-is will likely ask for proof of ownership.

You may present a title deed, mortgage documents, or property tax reports to show that you own the house on sale. A homeowner’s insurance and Homeowner’s Association (HOA) documents are other proof of ownership you can show the buyer. Provide correct proof of ownership to avoid potential legal complications later.

Work With a Real Estate Agent

An experienced realtor understands the Memphis real estate market’s trends. The agent can help you price your house correctly and connect you with reputable cash buyers. If you decide to make improvements on the roof, a realtor may give you suggestions on what captures the buyers’ attention.

Working with a real estate agent when selling a home with an aged roof saves time. The agent handles all tasking activities like marketing your property and negotiating with the buyers. A reputable realtor may protect you from upfront payment scams and fake home buyers.

Start Selling a House With a 20 Year Old Roof Today

Selling a home with an old roof doesn’t have to be challenging and stressful – find a reputable direct homebuyer, and you’ll be good to go. Present the strengths of your home’s old roof during marketing and price the property fairly to attract many buyers.

Are you selling a house with a 20 year old roof? Contact us today at We Buy Houses Memphis for good cash offers. We can’t wait to schedule a visit to your home!