Is the house worth it?

Is the house worth it? Basically me and my buddy wanted to get a house. Got approved for 170k. Found a place for 158k with another buyer making an offer already. We offered 168k. Found out it needed a lot of repairs. Got a quote on the repairs for 7.5k. Told the seller we will still do 168k if they give us 5k for closing costs and 6k for repairs. The seller agreed. Th...

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