How To Negotiate Repairs On Home Sale

[Ray King]

-I have Single Family Home under contract price 220k - buyers inspection noted 2 items:

1) roof (shingle wear) replacement estimate:4,500-8,500. I was told the roof had 5-7 years left/no leaks

2) electric panel (does not have 1 main breaker to shut down panel at once) estimate:3500k - 4500k.

The panel is called a "split bus panel" with 4 main shut-offs. Code is up to 6 main shutoffs.

Buyer's appraisal came in at 220k (at least that is what buyers realtor said). 

How do I approach the negotiation of the additional costs? Especially, when the appraisal is equal to the sale price with an "as is contract". Thanks to anyone who can help me.

[Chris T.]

Did the buyer ask you for credit on the 2 items? If not, I wouldn't bring it up. Most good home inspectors will list down what is deficient with the property, in order to give their client an idea. It doesn't mean the seller has to compromise. 

It comes down to supply and demand, and how motivated are you to sell your property? and/or how motivated are they to buy?