<prompt> Human: Another detail that may be important is that the sellers agent works closely in the same office.Edit some really good answers here, I believe I am much better informed. Thank-you to everyone that took time out of your day to share info.  <response>: The amount you are prequalified for is really irrelevant in the big picture. When I was buying my last house, I was prequalified for 100K more than I was willing to spend on a house. I even gave my buyers agent a desired price that had a range of almost 200K between hi and low. I negotiated based on how much each individual house was worth to me, and the fact that I could afford to spend more was never a part of negotiation. 