Got my first potential deal!!!

[Orest Omeliach]

I was driving back home and saw an estate sale sign. Went to the house and the owners said they have a real estate agent in mind and they are planning to put it on the market! I told them I can take the house off their hands if the conditions were right (a great deal). They told me they were thinking of listing it for about 140K, which is a good amount below market. I have an appointment on Wednesday to see the house and do a quick estimate on repairs. Before seeing the inside of the house, I estimated repairs being roughly 25k since its a 2500 sq ft house, and after the 70% of ARV (175K), my max offer would be about 90K. Any pointers would be appreciated! Do I have to close the deal that day? Or are there situations where a seller will call you back. I'm really hoping this works out! It will be my first deal as a wholesaler!!