My wife and I are about to purchase a home. This home is "for sale by owner". It is a very nice home, very well built. According to the inspector, you don't see too many ranches built this well.
There is one problem: The oil boiler is shot. We managed to secure the deal by offering more than the asking price. According to the owners, the boiler is on its last legs, but would not require immediate replacement as the inspector has implied. We obviously would like this replaced and would like the sellers to help out with it, totally or partially. Assuming the rest of the house is in great shape, should we not purchase the home if the sellers decide not to help us out this? My real estate agent (buying agent, who is not taking a % comission on this purchase) says it is not a good reason to back out of the deal. What are some opinions out there about this? My understanding is that a new boiler costs about $3500.
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