... due to the inspection results, the buyers have decided to cancel the contract. Despite the fact that their agent has explained to them that both major problems are fixable.

SO...
Dear couple that wanted to buy my house,.
Good luck to you finding a place in your low price range that doesn't have problems. Foreclosed houses are going to have even more problems and competition with those homes is the only reason I had to come down in price. If you think you're going to get a home with all new everything in an established neighborhood for cheap - you have another lesson to learn. Hope you like living in an apartment.

Meanwhile I have to have the two issues repaired no matter what.