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. 

(My thinking is if I find a potential buyer before the offer is accepted then perhaps I would feel more comfortable in the negotiation process, kind of knowing my financial "limit" based on what kind of response I'm getting from buyers.)Just curious and trying to learn the mechanics/logistics.Thanks,Austin-

Not saying that he will overcharge you or work slowly, but that's certainly where his financial incentive is for that particular job (hopefully he thinks longer-term, but many contractors don't).Negotiate a flat rate for well-defined work, and go from there...

Start shopping as soon as you have a contract for sale and negotiate as long a closing of the sale as possible.3.