During your screening process pay close attention to how they will handle maintenance.

Correct me if I'm wrong, but in NY and NJ, the RE Agent typically does initial negotiation and from there both parties hire attorneys to draft the Sales Contract and handle closing. 

You'll need an "expert" to evaluate it and an attorney to handle the solution.Call your Realtor EVERY night until this is fixed. 

hi there I have been in real estate for a few years now but have never had this problem come up and kinda wondering how to handle the situation.  

Are they willing to answer questions you have such as vacancy rate in the area, how they handle repairs, etc. 

(Unless their next offer falls through; keeping my fingers crossed)  Really frustrated with how we handled the situation, because even if we came a lot closer to that $375,000 we still would have been doing really well.  

I let the GC handle everything as well.

In both cases, lenders must qualify to become designated GSE lenders by demonstrating financial strength, underwriting expertise, loan servicing experience, and capacity to generate and handle meaningful loan origination volume.

How are you handling retirement plans?

@Aj Bowman- in terms of the property's market value, this can be a tricky thing to determine with vacant land (a lot of the appraisers I've talked to don't even have a firm handle on how to do it with much certainty - because in many cases, the data needed to make the determination simply isn't available).That being said, there are several things you can look at to help get you most of the way there.