We are first time home buyers and, to our surprise, fell for a town home we loved (we thought we'd be single standing home people). The home has been sitting empty for 6 months. The seller only budged 1500 off price, and agreed to a fixed number for closing cost (which may or may not cover the costs).
We loved the home, so we thought ok-he's being stubborn (he did put in new carpet and paint and had fireplace cleaned) but we love it and even though it is at the higher end of our budget, still doable, and we need to move soon
The inspections showed that forced air furnace is very rusty and is over it's life expectancy. It seems like it will cost at least $2000+ to replace and install.
Same or the gas water heater, though this appears to be about $1000 to replace and install.
The house was built in 1985- so these two items are as old as the house it seems and were never replaced (and given the rust factor...).
There are other minor things (an outlet in a crawl space, a window that needs to be replaced, sliding closet doors that need to be repaired to work; stains in garage ceiling to be investigated)- I was not going to ask for those other repairs.. but it seems to me that a Water Heater and a Heating system are KEY and the seller should cover. Given the winter ahead, and the RE Market (there are free standing homes in the area for this price) we are ??? These aren't things you can put off until your "Christmas bonus"comes in, etc. We contemplate walking away if he doesn't budge on this, but I'm seeking some advice here and want to be reasonable.
Many thanks for any adivce or wisdom on these matters.