Can i stay at my parents house on Long Island  for some time in the spring/summer so I can service my accounts here ? 

Approached the seller asking they pay all closing costs, received enough credits to buy down the interest rate back into the 5-range (current rates were in the 7-range).

@Kristin SolbachWhat was the initial purpose of your original setup ? 

Simply put.

Thank you Nick for the welcome! 

There is no way to detect these damages unless something major comes up later.

However, upon finally gaining access to the home it appeared that the water was running from every faucet in the house.

On top of that, demand isn't really the problem, it's simply new supply having to get absorbed.

Lower the price instead?

You can then check with the local county if the deed is in fact in that name (caution: if the property was bought recently, the county may not have caught up on the paperwork).Just be careful and NEVER give any form of cash to the seller, always send EM/downpayment to a title company that you have verified.