Your Realtor should be able to advise you on the current market conditions, and whether a lower offer is acceptable or not. That being said, some things to consider when putting in an offer are whether or not the items that you would need to pass a 4pt inspection are in good working order. Those items are the roof, plumbing, electrical and HVAC. If these items are older and would potentially prevent you from obtaining homeowners insurance, due to the age and/or condition of them I would consider putting an offer to offset those costs.