Are you paying cash?
If you've got preapproval of funds a seller really doesn't care if cash or not, unless they are worried about appraisal contingency. The banks money spends the same as the buyers money.
In this climate I'd rather pay 89k with 5k towards closing cost AND prepaids vs. 84k and 0, especially if I'm borrowing $.
Everybody likes the neighbor that raises everyone's property value, and keeping more of your cash on hand with such cheap money is pretty easy call IMO
This post was edited on 5/6 at 6:39 am