Negotiating Repairs with Seller
So I just got the results from the home inspection on a fourplex I am interested in purchasing. The property was built in 1964 and this property needs some expensive repairs :(
Some of the repairs needed:
2 new furnaces and possible HVAC repairs to other units
Plumping issues
Electrical- branch circuit conductors, overcurrent devices, service and grounding equipment
garage roof
My question is how should I negotiate these items with the seller? The seller listed the property "AS IS" however these expensive items were discovered after the inspection. Should I ask for a credit towards the repairs or a reduced sale price?
In the event the seller does not want to address these big ticket items, what would you recommend? I am really interested in purchasing this property...