Okay, so the inspector found a minor termite problem, but it's so new that a basic sweep from an exterminator should take care of it. The water heater is okay; the furnace is okay. The roof needs some repairs, which we knew. Apparently, there is some minor damage from carpenter bees, but since we need to repair the roof anyway, that can be taken care of at the same time.
The, um, thingy? yes, the thingy behind the shower head in one of the bathrooms needs to be replaced, but it's not that urgent.
Then, there's the window issues. Okay, apparently all the windows need to be replaced. Some of them don't have storm windows, some of the window frames are rotting, none of them are ideal in terms of efficiently heating the house in the winter. But the biggest problem involves these two big, bay windows (which Joel and I happened to like very much.) They are collapsing. Like, the window panes are at a 70 degree angle, and the window seat/panes/frames need to be either removed completely, or removed and rebuilt. Apparently this is an issue of Impending Danger.
In addition to changing my future homeowner fantasy from curling up in the big bay window with my cats to imagining the bay windows collapsing Tom Hanks "Money Pit" Style when one of the cats meows in the window's general direction, this sounds expensive. Like crazy expensive.
We'll know more when a contractor goes out and gives us his estimate next week. The homeowners- who are very motivated to sell, as they've already had to move out of state and have dropped the price of this house significantly from when it first when on the market- stated that their counteroffer was "as is." That indicates they probably don't want to make any more concessions pricewise. On the other hand, the house hadn't had any serious offers on it since before the economy went BO-OI-OI-OING, so it hasn't been inspected in a while. The sellers may not know about their collapsing windows, so maybe they WOULD offer a further concession on the closing costs. Or something.
And around and around we go...