Our house purchase is back on! After the latest round of negotiations with the owner, and a bit of giving in on both sides, we have agreed on a new lower purchase price for the house!!! Our inspection contingency is now waived. Financing is also completed, the only hurdle remaining is an official appraisal to ensure that the purchase price is at or below market value.
If all goes well, we will take ownership on April 7th. Move in date will probably be 1 to 2 months later to allow time for the remodel and repairs to be completed.