LOOKING AT HUD PROPERTY LISTED @ 109k BEEN ON MARKET 161 DAYS

[Willie Banks]

Hello BP Members, I'm looking at a HUD property listed @109k thats been on the market for 161 days does that mean this property may have some issues know one wants deal with or could it be that its a 2br or it maybe over priced. Other homes in this area sell for 200k-250k How would I go about running the numbers and making a reasonable offer, also I must mention it will be a O/O