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Selling with some repairs needed...accept FHA offer?

I am trying to buy something on a contingency and time is running out (wasn't given much time.) House has been on the market for a month and have had a lot of showings, but only 2 offers. One was a big lowball. This most recent one initially said they had conventional financing, but changed it to FHA. I'm concerned about the repairs needed and passing inspection. Contract (i haven't signed yet) states that I'm only responsible for $500 of the FHA requires repairs, but I'm worried that buyers are trying to "trap" me into a situation because they know I'm on a contingency. I'm sure they will find more than $500 worth of repairs. I don't want to lose the house I'm trying to buy. Only have 3 weeks left to get under contract with someone else if I don't accept this.

Advice?

submitted by /u/DogNo2145
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/1cb1mn4/selling_with_some_repairs_neededaccept_fha_offer/
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