Advice Buying FSBO

[Michael Flounders]

I am looking for some advice on purchasing a house directly from an owner. The property in question has been uninhabited for a few years and is in a hot  area. Any advice on approaching the owner for a seller financing options? All I have is a phone number for the owner I got off of Trulia. Property has been on the market for almost a year and needs a lot of work. Surprisingly they raised the price 25k after being listed for so long, probably caused by the market being as it is. Any advice would be appreciated.