Basically I can accept the 27k price, or walk away, as I think this is their best offer.

From there the conversation was basically him threatening me or trying to scare me that "if I was afraid to pay the fee" I could walk away.

New owner did walk thru with me prior to closing and was aware of condition of units.  

You dont have anything to lose and will ABSOLUTELY WALK AWAY,  if you continue looking and get a deal for even $5000 cheaper- YOU WILL. 

Did a great job and walks you through the legal process step by step and runs each scenario.

A good resale value note will be well seasoned (over a year of on time payments), interest rate of 7-9%+, balloon is a plus, in short foreclosure or highly desirable state, good equity in the house, and created by a licensed Residential Mortgage Loan Originator.If note is poorly created, mortgagor can walk away with a free house that mortgagee cannot even foreclose on due to possible broken laws or poor paperwork.

Access to 9 or 10 figures of government and business capital (let alone $58M) did not save them.It didn't matter if his dad gave him a $5MM or $500MM loan, walking into a room to build rapport, convince the other party that you can close, that you can revitalize the area or the city, that you will get bank financing, etc. takes a lot more than money.$58M.. by the way, the left media has already thrown around so many figures of this supposed loan from his dad, I think I have heard at least 8 numbers already.

His house is very close to downtown, less that a 10 minute walk to the train station (where people commute to Manhattan in ~35 minutes) and the schools are some of the best in NJ.

If you decide to go it is in the big side room on the left as you walk in.

Walk the house with the inspector - you will learn a ton about houses that way.