It is harder to get a price reduction than to get some cash back at closing to cover "non-recurring closing costs". If you do ask, you might just request cash back at closing. A new price requires a new contract and is more difficult.
Many sellers say "AS IS" but when faced with losing a buyer who can close escrow they change their minds and decide to work with the buyer. Of course, some feel like they are already selling at rock bottom price and are willing to risk trying to find another buyer.
Did you get the property at a great price already? If you did and they say no to your request, you might want to close escrow rather than start the search and negotiation phase over again.
If I can be of any assistance to you, please feel free to contact me.
Roberta Lisciandro, Broker
Anchor Pacific Real Estate
Your Realtor may be relaying what the listing agent has told him or her - but you can always go back and ask for concessions or go your separate ways. It is up to you and your agent to talk about what you should ask for (if any) and to communicate that to the seller and listing agent.
Was it priced low for the condition...?
I suggest you "look before you leap"
Your question sounds like you are almost quoting from the usual minor things that Home Inspectors put in their reports.
Would everything you mention actually cost more than a thousand or two to repair? Doesn't sound like it to me!
The market has gone into a fairly extreme "lock-down" because of lack of available properties to meet the surging demand.
Just accepting the "extra" repairs may be your best economic move if you ask for REASONABLE relief from the seller and it is refused.
You may find, in the short run, at least, that the cost of the fairly minor repairs you list is a pittance, compared to what it costs to replace the home with another (or maybe not, since I don't know all the details).
In any case, you do not jeopardize your purchase by asking for repairs or a credit in escrow.
So, it is worthwhile to formally ask (Request for Repairs form). However, sellers don't even need to respond, much less do anything beyond smoke detectors and water heater strapping (even if they DON'T specify "as-is").
And, it is wise to consider the alternatives in the marketplace BEFORE you cancel or fail to timely remove contingencies.
It's a "money thing", not a legal thing... what is your best FINANCIAL (not emotional) move?
Naturally, since I don't practice law, you may want to gum things up further by consulting an attorney :+)
So, in conclusion, my advice is to "look at the big picture", rather than trying to enforce a non-existent right! :+)
Usually, an As-Is LISTING PRICE is lower due to the repairs needed.
If you are looking at the price as a perfect, repaired house, then you are not going to get both.
At this point you have 3 options. 1. Ask for concessions in writing. 2. Cancel escrow and find another property. 3. Pay the price in your current contract. The reason you do inspections are to uncover any defects not readily seen. It is not uncommon for buyers to walk away from a property after inspections. It all depends on what you are comfortable doing.
You can ask for anything but that doesn't mean it will happen........
But with a standard "AS IS" purchase agreement the seller in not bound to make any repairs. In the event the identified repairs exceed the specified contract amount, you should be able to exit the contract without penalty.
The fact that this is a"regular" sale and not a short sale or foreclosure is not a factor.
You are likely faced with a choice or so very creative negotiations.