Why the Age of the Roof Matters When Buying or Selling a Home in Cherry Hill, Haddonfield & Haddon Township

When buying or selling a home in Cherry Hill, Haddonfield, or Haddon Township, one of the most important components of the property is often overlooked—the roof. While buyers frequently focus on kitchens, bathrooms, and cosmetic updates, an aging roof can significantly impact a home’s value, marketability, insurability, and financing eligibility.

A roof replacement can cost thousands, and understanding a roof’s age and condition before entering a transaction can help buyers and sellers avoid unexpected expenses and closing delays.

Start with an Exterior Roof Inspection

Even without climbing onto the roof, there are several warning signs visible from the ground that may indicate a roof is nearing the end of its useful life.

Look for:

• Missing shingles
• Curling or buckling shingles
• Cracked or damaged shingles
• Bald spots where granules have worn away
• Sagging roof lines
• Damaged flashing around chimneys, skylights, and vents
• Visible patch repairs
• Moss, algae, or excessive debris accumulation
• Gutters filled with roofing granules

If multiple signs are present, the roof may warrant evaluation by a licensed roofing contractor before moving forward with a purchase or listing.

Don’t Forget the Interior Inspection

Many roof problems become visible inside the home before they can be seen on the exterior.

Buyers should inspect:

• Ceiling water stains
• Discoloration around vents and chimneys
• Peeling paint
• Mold or mildew growth
• Damp insulation in the attic
• Visible sunlight through roof decking
• Rotting roof sheathing or rafters
• Musty odors in attic spaces

These signs could indicate active leaks or long-term moisture issues that may require costly repairs.

How Old Is Too Old?

Different roofing materials have different life expectancies:

• Standard asphalt shingles: 20–30 years
• Architectural shingles: 25–40 years
• Metal roofing: 40–70 years
• Slate roofing: 75–100+ years

While age alone doesn’t determine whether a roof must be replaced, many lenders and insurance companies begin paying closer attention once a roof reaches 15–20 years old.

Will Homeowners Insurance Require a New Roof?

Possibly.

Insurance carriers have become increasingly strict regarding older roofs, particularly in recent years. Depending on the insurance company, a buyer may be required to provide:

• Documentation showing roof age
• A roof certification
• Proof of repairs
• A recent inspection report

Some insurers may:

• Limit coverage
• Increase premiums
• Require replacement before issuing a policy
• Decline coverage altogether

Because insurance requirements vary, buyers should obtain quotes early in the transaction if the roof is nearing the end of its expected lifespan.

FHA Roof Requirements

Many buyers in Camden County use FHA financing.

FHA does not automatically require a new roof simply because it’s old. However, the roof must prevent moisture intrusion and provide reasonable future utility. FHA guidance states the roof should generally have at least two years of remaining useful life. If the appraiser determines the roof has less than two years of life remaining or observes significant deficiencies, repairs or replacement may be required prior to closing. [fha.com], [archives.hud.gov]

Fannie Mae Guidelines

For conventional financing, Fannie Mae focuses on the overall condition of the property rather than roof age alone. Appraisers are required to identify conditions that affect safety, soundness, structural integrity, or marketability. Active leaks, substantial deterioration, or other major deficiencies could trigger repair requirements before loan approval. [selling-gu…niemae.com], [homebuyer.com]

Freddie Mac Guidelines

Freddie Mac follows similar standards. Properties with roof issues that impact habitability, safety, structural integrity, or soundness may require repairs before financing can proceed. Conditions such as active roof leaks, missing shingles, or significant deterioration can affect loan eligibility. [guide.freddiemac.com], [corr.pennymac.com], [partner.me…rtgage.com]

Final Advice for Buyers and Sellers

Whether you’re buying or selling in Cherry Hill, Haddonfield, or Haddon Township, be sure to gather documentation regarding:

• Roof installation date
• Roofing warranties
• Repair receipts
• Maintenance records
• Prior insurance claims

A little due diligence can help avoid surprises during inspections, financing, and insurance underwriting.

Connect With a Local Expert

Chris Corso
Coldwell Banker Realty

🌐 Website: chriscorsohomes.com

📸 Instagram: @ccorsorealty_coldwell.banker

📘 Facebook: chriscorsorealtyatcoldwellbanker

Thinking about buying or selling a home in Cherry Hill, Haddonfield, or Haddon Township? Understanding the age and condition of a roof can make a significant difference during inspections, financing, insurance underwriting, and negotiations. Whether you’re evaluating a property’s remaining roof life or preparing your home for market, Chris Corso can help you navigate the process with confidence. Contact Chris today for expert local guidance and personalized real estate advice throughout Camden County.

Serving Buyers and Sellers Throughout Cherry Hill, Haddonfield, Haddon Township, and surrounding South Jersey communities.