My wife and I are interested in purchasing my parents house, they are divorcing. The house is valued at $92000, the amount we have discussed is around 70000. The issues that I'm worried about are closing costs and surrounding values. I dont want to lower all of the neighbors property values by purchasing too cheaply. I will also need help with closing costs. I know that noone will allow me to get cash back from the seller, but can I get a loan for 80 or 90k, have the seller give me 6% for closing costs and escrow, and then have the seller do repairs with part of the profits. A new roof is what would be done, since this would likely add to the value of the house I would imagine it would be easier to get the lender to agree with. Or should I not bring it up since it will be after the house is sold and it could be considered a gift from my parents?