Don't Be Afraid of Making a Low Offer To a Home Seller

Question: I am a first time home buyer, and have been pre-approved for a $155,000 mortgage purchase. In my search, I have seen plenty of houses in the $159-165,000 range in good, move-in condition. The problem I am having is where to start my offer. My REALTOR is telling me that those houses are priced too high, but that no one there will sell their house for only $155,000. What do you recommend? Answer: Before answering your question, I want to raise two important preliminary matters.