What kind of renovation do you have planned? A proper complete renovation? I don’t see huge problems with a relatively new water damage if everything is going to be redone anyway and the whole thing can still dry out in the core/shell condition and then will be rebuilt anyway. It’s not a half-timbered house. Does the house have wooden ceilings? The roof isn’t affected either. I understand that you don’t find this great now, but I think, looking at it soberly, it’s probably not such a big problem. Personally, I would talk to the seller and say, look, let’s have a professional check it out, and if they say it’s still fine, then it’s okay. At their expense or it will be offset in the sale. It doesn’t have to be a huge expert report. I think that’s how I would do it. A water damage that is years old, where it has been leaking for years and the substance of a house has been sustainably damaged (ceilings, roof, etc.), that would be different.