I think that making an offer 90,000 less than the asking price is really unrealistic. Your agent should do a CMA to verify what the property is truly worth and what other similar homes in that area are selling for. If the CMA comes up close to the amount that you are wanting to offer, go for it. However, on the flip side if you make an offer $90,000 less and the property is truly worth $365,000 you will most likely end up offending the seller. Good Luck to you.