After 60-90 days, multiple price reductions, and extra $10-12k in holding costs, house closes for lets say $419,000. 90% chance we could have gotten multiple offers and sold for around $435,000 if we listed at $425,000. 

Then invest that money wisely and grab some gains in the market, while you wait for a reduction in rates, and then buy your dream home in San Diego.   

He can't expect you to buy it and assume all the repairs, so that needs a price reduction if he is just wanting to get rid of his headache. 

For borrower unable to resume, they will offer up to 25% reduction in payment.

FHA defines the Economic Event as:“Any occurrence beyond the borrower’s control that results in Loss of Employment, Loss of Income, or a combination of both, which causes a reduction in the borrower’s Household Income of 20% or more for a period of at least six months.”Chapter 7 - That's the "start over" route.

It's akin to postponing the tax bill, giving you more immediate capital to work with.Partial Reduction of Capital Gains Tax: If you keep your investment in the Opportunity Zone for at least five years, you become eligible for a 10% reduction in the deferred capital gains tax.

That gets you a reduction of .25%.  

The homeowner was protected and got to experience the appreciation...and to experience the same liability reduction as the government. 

Even though that clause exists it has become standard practice for buyers and their agents to use the inspection to re-negotiate terms (ask for repairs or a price reduction). 

We are all In at $228 k and this next price reduction Is really Important Thank you .