Looking for negotiation advice

[Hector Serna]

Hey guys going to try to make this as short as possible. So there was a SFH listed for 225k in which the seller relayed that he was willing to take care of all the town inspection requirements if necessary (They conducted a town inspection in April in which it had passed but had now expired so another one was needed prior to closing). Upon checking out the home, I felt comfortable offering 240k and no credits due to my prior experience of checking out homes in the area. I knew there was no way the home was going to sell at that low of a price in that area and I knew that the new inspection would require a few things. Well the seller, today, just received the town inspection report and no longer wants to take care of the requirements (and it was part of the contract that he would). Everything has been done in the process, this was the last step, I don't want to miss out on this home, and I see a big opportunity to negotiate. My thing is, what exactly, how exactly should I negotiate??? Also, the home appraised at 241k. All advice is appreciated! Thank you.

[Crystal Smith]

Quote from @Hector Serna:

Hey guys going to try to make this as short as possible. So there was a SFH listed for 225k in which the seller relayed that he was willing to take care of all the town inspection requirements if necessary (They conducted a town inspection in April in which it had passed but had now expired so another one was needed prior to closing). Upon checking out the home, I felt comfortable offering 240k and no credits due to my prior experience of checking out homes in the area. I knew there was no way the home was going to sell at that low of a price in that area and I knew that the new inspection would require a few things. Well the seller, today, just received the town inspection report and no longer wants to take care of the requirements (and it was part of the contract that he would). Everything has been done in the process, this was the last step, I don't want to miss out on this home, and I see a big opportunity to negotiate. My thing is, what exactly, how exactly should I negotiate??? Also, the home appraised at 241k. All advice is appreciated! Thank you.

 If it's part of the contract that the seller will take care of all of the village inspection items and now he's refusing then your attorney (if your using one) should be communicating to the seller that he will be in breach of the contract if he does not take care of the items.  You can try and force the seller to comply using the contract.  

If the seller still will not comply you can file a notice on public record that's equivalent to a lien that would prevent the seller from being able to sell the home to anyone else. You should speak to attorney about this option.

If you really want the home and want to avoid the drama then you should review the report, see if the items are something you can handle on your own and either close on the home AS IS or ask for a price reduction then close AS IS.