FHA Financing - Repairs

[Brandon G.]

We put an offer on a fixer upper and will be using FHA financing to purchase it. The counter offer was much higher than anticipated with a note saying that they will have to fix any FHA required repairs. I don't really expect there to be too many repairs for the FHA loan, if any, if I understand the FHA requirements.

We do have a construction company and so should there be any repairs, we would prefer to make any repairs using our company. How can we structure the deal in a way that we can do the repairs ourselves without the risk of either party losing out in case the deal falls through?