However, my broker is already urging us (unsolicited) to seek a lower price.So the questions would be:1) Is it accepted practice to change the price if the seller refuses to cure?  

With a 10 day inspection period and my closing dates ranged any where between 15 to 25 days from the day the offer is accepted.  

-- pretty soon most people here seem to accept nothing less than 10%.

Although, I am not sure how the deal become advantageous for them when using "their" title company versus accepting "my" title company.Thank you in advance for shedding a little light on this topic.

I'v actually been to a few of the CAZA meetups and a Baltimore social hour event for real estate.  

When that happens sellers will be free to accept other offers.

Tell the owner you'll pay 70-80% because a bank won't possibly accept the price he is asking.

BUYER will waive the termite inspection and accept the DWELLING in “as is” condition.SELLER warrants there are no unpaid utility assessments or undisclosed debts or liens, recorded or unrecorded, secured by the DWELLING and property being purchased.SELLER shall remove all personal items, furniture, food or other items that are not part of the real estate within seven (7) days after acceptance of this offer.

But no, providing the wording of the Contract was CONDITIONAL upon acceptance after inspection, you can decline acceptance for legitimate cause.

Mortgages dictate the lowest price the seller is willing to accept.