We all know that even though a roof may actually have three years of useful life remaining, Florida insurance carriers may deny coverage for a 3 tab shingle roof at 70% of its rating or a dimensional shingle at 80% of its rating (14 years on a 3 tab and 24 years on a dimensional shingle). If your buyer can’t get insurance, your deal does not close. Forget the “As Is” contract – it doesn’t mean squat if the buyer can’t get insurance. Your Seller can’t or won’t replace the roof – your deal and the Buyer’s hopes of living in this home are dead but it doesn’t have to be. Use the home inspection report to your advantage by converting the buyer’s mortgage loan into a 203k Streamline. You won’t need a 203k consultant and the paperwork is minimal. Get a qualified quote from a roofer and submit it along with the inspection report to the lender – just make sure your lender provides 203k loans. Two of the best lenders are FBC Mortgage and Movement Mortgage. Almost every buyer can qualify for a 203k streamline loan as adding $6000 to $10,000 over the life of a 30 year loan is less than $50 for $10k. Plus, you will get the added benefit of a higher appraisal as FHA adds dollar for dollar to the assessment. Property360, LLC assists our realtors/buyers in getting the home they want. We provide the most qualified home inspection services you will find in the greater Orlando and Jacksonville areas. We are also certified FHA 203K Consultants. All of our inspectors are Certified Building Consultants® and hold several licenses beyond that of a home inspector. No matter what the issue is, we are qualified and licensed to assess the problem. Stop looking at the home inspection report as a roadblock and consider using it as a working tool to close the deal your buyer wants.  

Call us anytime to learn how we can help you. Toll free: 855-932-3784. Visit our website at: www.TheBuildingInspector.net or www.203kpro.net. We provide home inspections in Orlando and Jacksonville and most cities in between. Property360 – your best choice in home inspection and 203k consulting.