. - Fix the structural defects, promptly.

It reflects a property in which many of its short-lived building components are at the end of or have exceeded their physical life expectancy but remain functional.C6 The improvements have substantial damage or deferred maintenance with deficiencies or defects that are severe enough to affect the safety, soundness, or structural integrity of the improvements.

I've bought SFH as well a multi-family and other real estate; including farms, woodland, water front property, land locked  property, perk failed property, title defect properties, unlocated properties, and owner unknown properties. 

Had it been on the market longer or had some other obvious defect? 

Let it dry, hit it with some sand paper and then I did an Orange Peel texture to hid any other defects.

External obsolescence “is an element of depreciation; a defect, usually incurable, caused by negative influences outside a site and generally incurable on the part of the owner, landlord, or tenant. 

@Sam Tomar does the property have some sort or defect that would make it difficult to get conventional financing?

Two weeks later she went away for a weekend and due to a manufacturer's defect the faucet broke and flooded her finished basement causing over $15 in damage.

There's no defect to disclose.

Kitchen still not free of defects, zero service, zero compensation, just trouble !!!