Negotiations during inspection contingency

[Account Closed]

During the inspection period you are made aware that the repairs are much more extensive then you originally anticipated.  So you go back to the seller and ask for an amount off the sale price.  They take a little off and then you are going back and forth.  One you decide that you cannot increase your price any further  and you haven’t heard from them, what are your options?  And what are their options?  Can they cancel the sale and then you’re left with noting after the time you’ve put into the deal already?  Are there any creative solutions the buyer can come up with to make the sale at the lower amount more attractive?