ememkay25 wrote:
Yes we will definitely do that. We are going to rent until closing. But there are some negotiations that we are going to present.
Good. and true about the negotiations - however, after the inspection, you will have way more negotiation room. So its best to see what the seller's hand is first, then the inspection, then go to the seller/realtor with "ok so this needs replacing, and have a price list of how much does it cost to put a new roof on for example...You will have to do some footwork to call some subcontractors as to the pricing, and get the sub's quote in writing. So you have your inspection, your quotes and on the front page = a total of how much it will cost to fix/replace. THEN when you have your bottom line, you can negotiate a whole lot easier.

So just for easy numbers: say the house lists at $100,000. and its going to cost $20,000 to fix/replace. Now you have a starting number of $80,000 to head to the table with.

Its a buyers market still out there...So you can stick to your guns.