Trying to buy Freddie Mac home

[Latoya Williamson]

I am looking into buying a Freddie Mac home that has been on the market for about 100 days.I would be a first time home owner. They were originally asking 41,000 for the home and then it dropped down to 30,000. The house is located in Cleveland Hts, Ohio. I was wondering how much would be a reasonable price to bid on the house. I would be paying cash buy the way. I would have to put up 1,250 in escrow if I were to buy the house for repairs. The city asks that people put up 125% in escrow for repairs on Point A violations, I would like to know what are my opinions when it comes to making an offer.