Selling - Price concessions

[Brenda Garcia]

Hello I’m in need of some advice. I’m selling a 1960 duplex. Buyer did a specific sewer inspection and found corroded pipes with root intrusion under the concrete and the quote was $40K. Buyer is asking for a price concession but I don’t think it’s warranted. The building is being sold as-is, there is no immediate issues that alerted me as the owner that we even had issues and I’m told that pipes with corrosion are common and can still flow because the dirt below becomes compacted and does not impede the flow. What is the right course here? Price reduction or stand by as-is sale? Thank you for any advice. 

[Chris Seveney]

@Brenda Garcia

Get a second opinion and determine if it’s entire run or a section as 40k seems excessive.