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Regarding condition-how are your transactions going with outdated roofs, wiring, and/or plumbing?

Florida Home Insurance has been tougher to insure with standard shingle roofs older than 10 years (nearly impossible). How are sellers/buyers not recognizing this as an immediate mandatory remediation and cost? Same goes with polybutylene plumbing. I see a majority of listings (looking at you OpenDoor, Zillow, etc) with out-of-date fundamentals that will double out of pocket costs for buyers AND they must have a very narrow window to remediate before occupancy and insurance. I am in RE here I Central Florida and refuse to bring buyers on a budget to a home that doesn’t have these fundamentals well within 10 years of age.

submitted by /u/ComonomoC
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source https://www.reddit.com/r/RealEstate/comments/pf8tan/regarding_conditionhow_are_your_transactions/
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