Best of the Week
Most Popular
1. Investing in a Bubble Mania Stock Market Trending Towards Financial Crisis 2.0 CRASH! - 9th Sep 21
2.Tech Stocks Bubble Valuations 2000 vs 2021 - 25th Sep 21
3.Stock Market FOMO Going into Crash Season - 8th Oct 21
4.Stock Market FOMO Hits September Brick Wall - Evergrande China's Lehman's Moment - 22nd Sep 21
5.Crypto Bubble BURSTS! BTC, ETH, XRP CRASH! NiceHash Seizes Funds on Account Halting ALL Withdrawals! - 19th May 21
6.How to Protect Your Self From a Stock Market CRASH / Bear Market? - 14th Oct 21
7.AI Stocks Portfolio Buying and Selling Levels Going Into Market Correction - 11th Oct 21
8.Why Silver Price Could Crash by 20%! - 5th Oct 21
9.Powell: Inflation Might Not Be Transitory, After All - 3rd Oct 21
10.Global Stock Markets Topped 60 Days Before the US Stocks Peaked - 23rd Sep 21
Last 7 days
Chinese Tech Stocks CCP Paranoia and Best AI Tech Stocks ETF - 26th Oct 21
Food Prices & Farm Inputs Getting Hard to Stomach - 26th Oct 21
Has Zillow’s Collapse Signaled A Warning For The Capital Markets? - 26th Oct 21
Dave Antrobus Welcomes Caribou to Award-Winning Group Inc & Co - 26th Oct 21
Stock Market New Intermediate uptrend - 26th Oct 21
Investing in Crypto Currencies With Both Eyes WIDE OPEN! - 25th Oct 21
Is Bitcoin a Better Inflation Hedge Than Gold? - 25th Oct 21
S&P 500 Stirs the Gold Pot - 25th Oct 21
Stock Market Against Bond Market Odds - 25th Oct 21
Inflation Consequences for the Stock Market, FED Balance Sheet - 24th Oct 21
To Be or Not to Be: How the Evergrande Crisis Can Affect Gold Price - 24th Oct 21
During a Market Mania, "no prudent professional is perceived to add value" - 24th Oct 21
Stock Market S&P500 Rallies Above $4400 – May Attempt To Advance To $4750~$4800 - 24th Oct 21
Inflation and the Crazy Crypto Markets - 23rd Oct 21
Easy PC Upgrades with Motherboard Combos - Overclockers UK Unboxing - MB, Memory and Ryzen 5600x CPU - 23rd Oct 21
Gold Mining Stocks Q3 2021 - 23rd Oct 21
Gold calmly continues cobbling its Handle, Miners lay in wait - 23rd Oct 21
US Economy Has Been in an Economic Depression Since 2008 - 22nd Oct 21
Extreme Ratios Point to Gold and Silver Price Readjustments - 22nd Oct 21
Bitcoin $100K or Ethereum $10K—which happens first? - 22nd Oct 21
This Isn’t Sci-Fi: How AI Is About To Disrupt This $11 Trillion Industry - 22nd Oct 21
Ravencoin RVN About to EXPLODE to NEW HIGHS! Last Chance to Buy Before it goes to the MOON! - 21st Oct 21
Stock Market Animal Spirits Returning - 21st Oct 21
Inflation Advances, and So Does Gold — Except That It Doesn’t - 21st Oct 21
Why A.I. Is About To Trigger The Next Great Medical Breakthrough - 21st Oct 21
Gold Price Slowly Going Nowhere - 20th Oct 21
Shocking Numbers Show Government Crowding Out Real Economy - 20th Oct 21
Crude Oil Is in the Fast Lane, But Where Is It Going? - 20th Oct 21
3 Tech Stocks That Could Change The World - 20th Oct 21
Best AI Tech Stocks ETF and Investment Trusts - 19th Oct 21
Gold Mining Stocks: Will Investors Dump the Laggards? - 19th Oct 21
The Most Exciting Medical Breakthrough Of The Decade? - 19th Oct 21
Prices Rising as New Dangers Point to Hard Assets - 19th Oct 21
It’s not just Copper; GYX indicated cyclical the whole time - 19th Oct 21
Chinese Tech Stocks CCP Paranoia, VIES - Variable Interest Entities - 19th Oct 21
Inflation Peaked Again, Right? - 19th Oct 21
Gold Stocks Bouncing Hard - 19th Oct 21
Stock Market New Intermediate Bottom Forming? - 19th Oct 21
Beware, Gold Bulls — That’s the Beginning of the End - 18th Oct 21
Gold Price Flag Suggests A Big Rally May Start Soon - 18th Oct 21
Inflation Or Deflation – End Result Is Still Depression - 18th Oct 21
A.I. Breakthrough Could Disrupt the $11 Trillion Medical Sector - 18th Oct 21
US Economy and Stock Market Addicted to Deficit Spending - 17th Oct 21
The Gold Price And Inflation - 17th Oct 21
Went Long the Crude Oil? Beware of the Headwinds Ahead… - 17th Oct 21
Watch These Next-gen Cloud Computing Stocks - 17th Oct 21
Overclockers UK Custom Built PC 1 YEAR Use Review Verdict - Does it Still Work? - 16th Oct 21
Altonville Mine Tours Maze at Alton Towers Scarefest 2021 - 16th Oct 21

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

4 Reasons Why You Shouldn't Put off Your Roof Repairs

Personal_Finance / Home Maintenance Nov 27, 2020 - 03:21 PM GMT

By: Steve_Barker


Unfortunately, a lot of people are under the wrong impression that they can easily put off their roof repairs and maintenance until a later time. Signs of roof damage are usually hard to spot unless you know what to look for, which is why most homeowners notice them when it’s too late. Roof maintenance can quickly become a costly affair when left unchecked. This is why you must never ignore your roof’s needs, especially if it has sustained several beatings over the years. 

From strong winds to hot UV rays, your roof is bound to start deteriorating due to continuous exposure to such harsh external factors. To help you understand why you should never put off repairing your roof, we’ve listed the four most important reasons you should keep in mind.

1. Repairs Become Costlier Every Day

If you’re procrastinating when it comes to repairing your roof, you will only be fighting an uphill battle that only gets worse as time passes. A few missing shingles can translate to a roof full of moisture and mold that can leak down into the house. The most vulnerable elements on your roof are those that are right underneath the solid exterior structure, and while it may take some time for it to be drastically affected, it can become much harder to fix later on. Instead of resorting to a drastic measure like purchasing a new roof, repairing it can provide you with a guarantee that can help you weather out a lot of unfavorable situations and save money. If you have insurance on your roof, the costs of the premium are going to rise as it ages without proper maintenance. You won’t find the insurance coverage that’s going to include repairs that are way past due, costing you extra in the long run.

2. Bad Weather

Under perfectly smooth climate conditions, a roof can definitely go a long while without the need for repairs or maintenance. Since the weather isn’t really something that can do much to change its course conveniently, your home’s roof is quite vulnerable to bad weather strikes. Even a perfectly strong roof can have trouble withstanding serious storms or winds. If you’ve been putting off a lot of repairs and a storm simply comes by, it will force you to change the whole roof with a new one, which can cost a fortune.

You should never take chances when it comes to unexpected weather events. If you happen to live in an area where it constantly snows or rains, such as Spokane, Washington, you need to pay extra attention to the snow piling up on the roof. As mentioned by Spokane roof repair, allowing the damage to escalate could lead to disaster, but repairing what needs to be repaired, from asphalt shingles to roof drains, can de-escalate the problem quickly. Aside from devastating weather conditions, the water damage that may occur due to heavy rain can allow moisture to seep into the internal structure of your home, causing leaks and serious ceiling damage.

3. Maintaining the Home Resale Value

Convenience aside, there are financial aspects that are directly linked to the roof of your house. If you’re planning to sell your house in the future, the last thing you want is for the roof to bring its resale value to the ground. Your roof maintains a major part of your curb appeal, giving it a nice look from the perspective of a buyer. No one wants their new home to have a roof that makes it look like a very old and unmaintained house. When you keep putting off these repairs until it’s time to sell the house, you’ll notice that the resale value has significantly taken a hit, which leaves little room to maneuver during the negotiations. 

If the roof is in an irreparable state, a lot of buyers would avoid it for safety reasons, and not just aesthetic ones. A ruined roof often implies a damaged internal structure, which can lead to later problems, so it’s highly unlikely that you’ll be able to sell the house quickly with such a roof.

4. Fire Hazard

One of the many dangers that are often overlooked because it seems counterintuitive is the risk of fire. Having your house vulnerable to a fire is a very dangerous situation that you certainly don’t want to be looming over the fate of your house and health—having an exposed roof due to a storm or any deterioration risks exposing the electrical circuit as well, which can be a recipe for disaster when it rains. Water can short your entire electric system in the house, starting a potential fire and causing irreparable damages. 

There are many reasons why you must avoid putting off your roof repairs. The key is to make sure that you can identify the symptoms of a deteriorating roof right away. The most practical way to go about this is to conduct routine maintenance, which gives you a chance to stay on top of any potential issues before they escalate into costly disasters.

By Steve Barker

© 2020 Copyright Steve Barker - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

© 2005-2019 - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.

Post Comment

Only logged in users are allowed to post comments. Register/ Log in