Fixed term is basically the contract is fulfilled at end of the term, and each party needs to renegotiate a new term or move on.

Many Buyers plan from the very beginning to renegotiate the deal after under contract which can be considered more scummy than want this realtor has done.

I would (like every investor) love to keep the costs under control and figure that bringing in cheaper subs will keeps the GC's honest unless the GC is willing to renegotiate his terms somewhat for me to keep from bringing in outside subs.

Is it possible to renegotiate and ask them to pay for it?

Or if the inspection was awful I might back out of the contract or attempt to renegotiate the price some.

The main thing you want to do when buying a used car is to take it to a 3rd party auto shop for a pre-purchase inspection, then use that information to renegotiate the price same as you would renegotiate a property during the option period as your due diligence develops.

re:Jason ScottId take the $500 haircut but tell them you'd reconsider if they are willing to renegotiate by dropping the price by 20% many Banks are now delaying the closing and also rethinking appraisals much lower.

After inspection, we ended up renegotiating for the two 20 year-old air conditioning units on the house, which I was okay with. 

The lease must be re-negotiated after the 30 years, which the owner is under no obligation to extend.   

found on Redfin, my realtor and I wanted to win on several other bids, we bid $20,000 more than listing price in a hope for appraisal coming lower so we can re-negotiate.