Advice on Financing Escrow Deposit Requirements?

[Aaron Moye]

Hi BP family!

I just went under contract on a property in Cleveland Heights. We were notified that prior to the transfer of title, we will need to establish an escrow account with funds equal to 125% of the estimated cost of repairs of the code violations we are assuming. 

I was wondering if you all had any advice/experience with this so that we can avoid coming out of pocket for this? 

Appreciate any and all feedback, thanks!!