Johnny at the end of the day it is what you are happy with. Sounds like you know what you want and the market so you are half way there. Some good advice on this thread. I will add one thing. Be careful using pre approval letters from the bank. Story I was selling a place. Had offer which was not bad but the buyers had talked too much to the agent and presented a letter from the bank saying they could borrow $40k more than their offer. Agent comes to me and says lets go for more they can borrow more. So we did they upped offer. If you have a good bank manager use pre approval opposite way. Make an offer and state you have pre approval. Ring your manager and get a letter of pre approval for the same amount you have offered. Tell the agent nothing, present the letter and say that is all you have. Vendors will really think hard about the offer.
