Only serious motivated sellers have their houses and condominiums listed for sale during this slow sale season, and competition from other prospective buyers is at its lowestYour purchase offer likely will be welcomed by a motivated seller. If the professional inspection report reveals serious undisclosed home defects, as the buyer you can a cancel the purchase and obtain refund of your good faith deposit, b reopen negotiations with the seller to obtain a repair credit, or c if the seller refuses to renegotiate, go ahead with the purchase anyway (presuming you badly want the home).