Unless you can negotiate with the seller on those for a lower price, I'd stay clear.

Which is fine but I like to know these things before negotiations start so my client knows in advance... 

. ---------------   OR  -------------------------STEP ONE:  Spend the next 2 years learning contracts, contract law, assignments, communication and negotiation skills, area property values, etc. until you're ready to put a deal together. 

If live termites are found, the Seller (me) has to have the problem fixed.I guess it boils down to negotiations, even after the contract is signed.

unless you negotiate for the seller to pay those...  

Below are the terms of my deal:Purchase price: $550,000.00Down payment: $10,000Interest Rate: 3% (Max payment is $2,000 a month)Term: 5 yearsI was able to negotiate that months 1-3 my payment is $0.00/month, Months 4-6 my payment is $1250.00/month, and months 7-60 are $2,000/month.  

Subtract a little for negotiating and present your offer. 

These numbers would give any first time wholesaler enough room to offer a good price to the end buyer and make a generous fee for their hard work.I would agree that anyone buying, selling, and negotiating with a bank fully understand the ramifications of their actions.  

We are going back to seller to see if they will negotiate the sales price down to the appraisal - so in the end it might be to our benefit. 

I'm trying to get my ducks in a row if and when it comes time to negotiate the closing.