Update on the house

On Wednesday the 26th of March we put a offer in on a house that needs a lot of work. All cosmetic but it needs a ton of it. It was listed at 180k with third party approval. Its been on the market for a month. After the past two houses I gave in to Jeff saying lets put a offer in and see what happens. So we put a offer in of 156k. We waited and waited and waited some more. The 27th the seller had accepted it and sent it to the bank. We didn't hear a thing. Then on Thursday my agent called to tell me they put a BPO...A BPO is when the bank has a agent go out to the property and say how much its market value is not appraisal value. She said it could take a few weeks. So I get a call on Saturday saying the BPO has been submitted and we will know on Tuesday. So lets see what happens. I really don't want this house because its a TON of work. However I don't want to keep looking for houses...This place is a total dump and we will have to take a good 2-3 4 day weekends and evenings after Jeff gets outta work to go and scrape ceilings, paint, put new floors down...Eventually put on molding, replace doors, knock out walls, update kitchen and bathrooms. A TON of work!!