We can also adjust interest rate upwards to cover closing costs, but basis points are tied exactly to loan amount, meaning it is not viable at all for smaller loan amounts.

is the seller making a price adjustment based upon repairs?

If I needed to make room for a deal to work, so that everyone could be happy, could I just push it back to 8% of the miscellaneous cost or should I just stick with 10%?

Still waiting to hear from insurance and claims adjuster for rest of repair costs and what the next steps will be.

So the adjusted down payment is $19,600.  

Then you can have that adjusted as well *IF* it's from a problem such as your main water supply line.

Just to get my mindset adjusted...Thanks!  

With experience, you will find some values that don't scale and will know how much to adjust for, but minus that experience, think of rules of thumb like training wheels. 

Agreed, you purchase it and you can add on addendums for anything additional such as options to renew or rent adjustments.

@Joe Au Debt give you chance to lock in assets shich you cant afford right now at full price, in process helping lock in at lower price compared to future inflation and growth adjusted price.