How To Afford A New Roof

Since a new roof can cost 15 000 or more depending on the size paying out of pocket is not an option for most homeowners.

How to afford a new roof.

If you find that you can t actually afford a new roof right now ask your friends and your family members. Although replacing a roof can be expensive there are ways to finance the project to make it more affordable. Here are some steps to take should you find yourself in this situation. You can work out a financing plan with us and avoid worrying about the cost or the weather in the meantime.

Here are five of the most common options. Your new roof will most likely be with you for twenty years so there s no rush to pay it off. Contact a licensed contractor to discuss roof replacement or repair options. Make sure you really do need a new roof.

If you have homeowners insurance you might be able to use your policy to cover the cost of a new roof. If you use the right strategies you can get your roof repaired and have peace of mind even if you can t afford it right now. Ask friends and family. Although it s not advisable to try to make the.

Financing by taking out a line of credit or a loan is how most homeowners pay for expensive repairs. However letting the roof continue to leak is not a good option either as this can cause more damage on the interior of your house and in the end cost you more money. They truly care about you and if they can afford to chip in a little bit they will. Some cost effective ideas help preserve the rest of the house until you save for a new roof.

On average homeowners spend about 770 dollars to repair a roof of course the total cost will differ depending on the size of the roof the amount of damage that needs repair as well as the age. Depending on the type of new roof you get you may be able to claim an energy tax credit to recoup part of the cost. 5 ways to pay for a new roof.