A helping hand: government grants and free roofs
Yes, you read that right. The government can actually help you with the cost of replacing or repairing your roof. How? Through government grants such as the Section 504 home repair program. This program provides grants to elderly or very low-income homeowners to repair safety and health hazards in their homes.
Thank you for reading this post, don't forget to subscribe!Other programs worth noting include the Weatherization Assistance Program and the Home Program. Both programs are designed to assist homeowners who need help funding major repairs or upgrades to their home. It is also easy to apply for them. All it takes is a little research and paperwork, and you could potentially get a free roof. Who knew?
Borrowing Made Easy: Roof Replacement Loan
If grants aren’t an option for you, consider taking out a loan. Some organizations offer roof replacement loans at interest rates as low as 1%. For example, the Federal Housing Administration’s Title I program can help you finance home improvements, including roof replacement.
Many credit unions and banks have home improvement loans specifically for these purposes. Before taking on a loan, it is important to consider the long-term implications. Always compare loan terms, interest rates and total repayable amount to find the best deal for your situation.
Maintenance: The Key to Long-Lasting Roofs
Prevention is better than cure, isn’t it? The same principle applies to terraces as well. Regular roof maintenance can help prevent minor problems from becoming major, costly problems. Simple practices such as regular inspections, cleaning gutters, removing debris and checking for damage after inclement weather can extend the lifespan of your roof, saving you money in the long run.
The National Roofing Contractors Association recommends professional roof inspections at least twice a year. But, if that sounds too expensive, learning how to do basic roof inspections yourself can be a good middle ground. Familiarizing yourself with the ways a roof can damage is the first step toward spotting the early signs of wear and tear.
