If two appraisals were done this is most likley a flip transaction and that might require that the termite repair work be completed regardless depending on your lender's guidelines.
I'd be happy to look at your transaction in detail and give you some suggestions. I'm local here in Yucaipa and would do this for no charge. Feel free to call, email or even stop by and I'll see what your options are.
General Manager / Sr. Loan Officer
Valley View Mortgage, Inc.
32829 Yucaipa Blvd.
Yucaipa Ca, 92399
This assumes you are obtaining finance of course. If your paying cash, it's simply a business decision.
It looks like the seller is trying to be fair but I don't know enough to tell you whether or not this is a good deal. Do you have $5000 to spend on repairs?
Wish you the best,
Dot Chance, RealtorÂ®
Certified Distressed Property Expert â€“ CDPEÂ®
DRE License #01494182
Keller Williams Realty World Media Center
WHEN YOU THINK OF REAL ESTATE...Think DotChance.com! My business thrives from your referrals!