A good agent is always going to include houses priced beyond your pre-approval that meet the rest of your buying criteria, knowing that not all houses are realistically priced to be "in the market." Just like each house is unique, each seller is unique, and you can never really be sure what the underlying motivation behind the sale is, so don't assume the seller's motivation is LOW. They may be highly motivated, and your (very?) low offer may just be the cat's meow.
Or maybe not. You'll never know until you make the offer.
One or two more things. Be very cautious of laying all your cards out on the table. Telling the seller "look, i really, really, really luuuv your house but this is all i'm able to afford" may or may not endear you to the seller and get your offer accepted, but it DOES give the seller an awful lot of insight into you as a buyer. Insight that a good seller's agent would use to the seller's advantage.
Understand that when you make an offer to buy, you're half way to an accepted contract. All that is required is/are signature(s) from the seller(s). If the goal is to get the house in contract and then closed, an offer from a pre-approved buyer has brought the seller enticingly close to their goal. Their first reaction may be to make a counter offer, but the seller has then just put you - a ready, willing, and able buyer - back into the driver's seat. For all the seller knows you could be ready to write an offer on one of nine other properties you liked if your offer is rejected. But if the seller simply signs your offer, youâ€™re in contract. Challenges most assuredly lie ahead on the road to closing, but the biggest hurdle has been cleared - youâ€™re in contract. This offer - your very low offer - must therefore be given serious consideration. And it just might be accepted.
Finally, don't make any offers for more than what you're pre-approved. I realize you may have been using round numbers, but $180,000 IS more than the $175,000 you're pre-approved for. You'll only be dealing in anger and disappointment from the fallout of that move.
I'm a local agent in the Pickerington market, and would be happy to assist you in finding and buying a home. Just click on my profile and send me an email if youâ€™re interested.