No. of Recommendations: 3
...received one offer but it was below our asking and we passed on it.

Why didn't you make a counter-offer?

We ... fear selling without having lined up our next place.

(1) Worst case, you rent for a while. Kind of a nuisance to move twice, but not a financial disaster, which buying before selling could be.

(2) Since you're willing to buy a fixer-upper, you won't have trouble finding another place if this one gets away. So many people want "move-in ready" that you'll have little competition when bidding on any place that needs work.
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