This sounds like a bank requirement. I have seen sometimes they approve a loan with conditions. And often the bank will up front the repair costs. But the repairs must be made. So it sounds like you're going to be a home owner. Now the headaches really start.

Take from someone that used to own rental properties and homes.. up keep never stops. But if you stay on top of the small things, they don't become bigger things. Good luck with your home. I wish you and your wife the very best.