Roof Financing: ASR’s Guide For Homeowners

Roofing Financing

Roofing Financing Made Easy:

In today’s post, our panel of experts here at American Standard Roofing discuss roofing financing made easy and measure some pros and cons of financing itself.

Financing Comes At A Cost:

Cash or financing

It should come as no surprise to most people that financing typically comes at a cost. Technically, that is never supposed to be passed on directly to the customer. It is instead supposed to come out of the roofers proceeds. None the less, this just means that the homeowner is going to get  a better deal or “discount” if they pay by cash. However, this is not always an option. For certain people it does make more sense to look into roof financing further.

What To Look For In A Loan?

Think Before Making Downpayment

Our team advises to always make sure it is an unsecured loan with a fixed rate and no prepayment penalties. With that out of the way, lets focus on people that are trying to decide whether or not to finance with the option to pay cash if need be. Obviously, if you have no other option then to finance that new roof you only need to find the best program and estimate available. But for those individuals with the money in the bank that are trying to decided whether or not to keep it in the savings account, there are a couple further things to consider.

Interest Rate:

 

licensed roofing contractors, detroit MI

Always factor in the interest rate when looking for roofing financing. If you can get a better return through your own personal investments then go for it. Most of us are not financial gurus and only making a modest return on investment so therefore need to seriously consider how much financing is going to cost for the entire term of the loan. Next, take a good look into your future and try, to the best of your capabilities, to decide if you will have enough money if a disaster arises. Such disasters include medical emergencies or even the lose of a job. Unfortunately, this kind of stuff happens everyday. If paying cash for your new roof is going to even potentially put you in a position where you will not be able to care for yourself or your family then, once again, financing may be the answer. 

Use Your Credit Line Wisely:

Important Decisions

The last thing to consider if you are looking to finance is if you should jump on the opportunity to get more work done or purchase better materials with the line of credit you are opening. Most of the time, the finance company will extend you a credit limit just like a credit card and you can then decided what type of work you want done to fit within the allotted budget. Many customers endlessly shop for the best deal because they just don’t have a lot of cash saved up. But when you are borrowing money, it means that you are able to get a whole lot more done, or are able to purchase a nice upgrade, for a very minimal increase in the monthly payment. Yes, long term it does cost you more. What you have to weigh out in this circumstance if the added value in the additional work or material upgrade is worth the extra expense. for instance, if you are stuck between getting a cheap 3-tab shingle for your new roof paying cash or can get an upgraded architectural lifetime shingle if you finance, you are a lot safer long term sucking it up and going with the latter option.

We’re Here For All Your Roofing Needs!

 

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We are certified and licensed roofing contractors. We have a lot of experience with roofing financing procedures. We also have over 36 years of experience in the industry. American Standard Roofing stands behind it’s work. Our reputation is important to us. We believe in never sacrificing quality for easy profits. We also stand behind our services for the lifetime of the product, both labor and material. That is why we are #1 metro Detroit roofers. Give us a call today at (248) 350-2323 to see how we can help you out.

New Roof Debris: Hold Off On Landscaping Till After Install

New Roof Debris New Roof Debris:

In today’s post our panel of experts here at American Standard Roofing discuss new roof debris and how that can create a mess. We all know that spring is here, and this time seems like a good idea to get a new roof. If you are planning on doing any landscaping this spring, our team highly encourages homeowners to hold off until after their roof has been installed because of this new roof debris.

Nails Nails Everywhere!

nails

Our team explains that your roof has an average of  10,000+ nails holding on your shingles. When your contractor starts tearing off shingles, those nails go everywhere. While a reputable construction company will do their best to clean them up after the fact, picking through your freshly planted petunias or other flowers in the yard looking for stray nails is not easy.

Broken Shingles:

Broken Shingles
Image credits: popularmechanics.com

Shingles crack when they are being ripped off the roof. That means there is going to be random chunks of shingle all over your yard. Shingle pieces are much easier to find than nails, but you face the same issues. When the crew is trying to clean up after the job, tiptoeing around your tulips might result in a flower casualty or two.

Equipment Accidents:

Ladder Against Wall

Ladders are big and clunky, and so are contractors. Lets face it, contractors and construction workers aren’t exactly known for being graceful. While we take every possible precaution to ensure that we don’t step on anything important, or set our equipment on the rare orchid you just planted in the front yard, accidents do happen. We are good at roofing, not ballet dancing! So if possible, let us do your roof before you plant your expensive flowers. If not, we will be extra careful not to squish anything!

Ask Contractors:

Question Mark

If you are hiring another contractor, make sure and ask them what steps they take to protect your landscaping. We cover your landscaping and windows with plywood to help prevent any damage, but a lot of companies won’t do that, so make sure you know ahead of time.

We’re Here For All Your Roofing Needs!

 

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We are certified and licensed roofing contractors who know about new roof debris issues. We also have over 36 years of experience in the industry. American Standard Roofing stands behind it’s work. Our reputation is important to us. We believe in never sacrificing quality for easy profits. We also stand behind our services for the lifetime of the product, both labor and material. That is why we are #1 metro Detroit roofers. Give us a call today at (248) 350-2323 to see how we can help you out.

Metal Shingle Roofing: ASR’s Quick Guide on Stone Coated Steel

Metal Shingle Roofing
Photo courtesy of http://www.decra.com/

Metal Shingle Roofing:

Happy Monday readers! In today’s post our panel of experts here at American Standard Roofing discuss metal shingle roofing and the stone coated steel shingles. If you are researching your future new roof, you may have come across the stone coated steel roofing panels that many companies are now manufacturing. These products promise to give you the look of a typical roofing material, but with the durability and lifespan of steel.

Basics of Stone-Coated Steel Roofing:

Basics

Our team explains basics of stone coated steel roofing panels for homeowners as well. Basically, they start by stamping a piece of steel into a traditional shape, shingle, shake, or tile for example. The steel is then coated with an acrylic compound, and then covered with stone chips. The combination of the stone chips and acrylic makes the finish extremely durable with the ability to stand up to almost any climate. They are also designed to be interlocking, adding additional wind resistance.

Noise Factor:

Benefits

If you have ever been in a building with a steel roof during a storm, you probably noticed that the rain is extremely loud bouncing off the metal. With stone coated steel roofing, you won’t have this problem. The stone coating deadens the noise, providing a quiet surface much like traditional roofing materials. Metal roofs are also known for getting very hot in the sun. The stone coating over the steel actually reflects heat away from the roof, and many homeowners report a 10-15% decrease in their energy costs.

Low Maintenance:

Roof Measurements

Stone coated steel roofing requires almost no maintenance, and can simply be hosed off in the spring. You won’t experience fading, cracking, or rotting like you might with other roofing products.

Life Span:

Roof Life Expectancy

While asphalt shingles are usually rated for 30 years, most stone coated metal roofing systems have a minimum 50 year life span, and will likely last longer than that. They are also super light and can usually be installed right over existing roofing, eliminating the need to tear off old shingles.

Costs:

Pricing

When it comes to price, you will pay a premium for steel shingles. You can expect pricing to come in anywhere from two to three times as much as a typical asphalt shingle installation. However, with a longer lifespan and almost no maintenance, it may be worth the investment.

We’re Here For All Your Roofing Needs!

 

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We are certified and licensed roofing contractors. We can help you decide more about metal shingle roofing. We also have over 36 years of experience in the industry. American Standard Roofing stands behind it’s work. Our reputation is important to us. We believe in never sacrificing quality for easy profits. We also stand behind our services for the lifetime of the product, both labor and material. That is why we are #1 metro Detroit roofers. Give us a call today at (248) 350-2323 to see how we can help you out.