Do you have an agent representing you? It sounds like you don't. Be smart, retain an agent. If it's a $33,000.00 property, on the market for a year, it may be over priced, may be in really poor condition, or other factors may be affecting the sale of the property.
An agent can assist you and advise you regarding this property and the wisdom of making an offer to purchase it. Make sure you hire a licensed, experienced home inspector to inspect the property, and make sure you protect yourself in an offer to be able to terminate any offer you make based upon several provisions, especially condition, inspection report or others. It doesn't matter if it's a $33,000.00 property or a $330,000.00 property, it can be in excellent condition and a good buy for the money, or it can be a "Money Pit", and become your worst nightmare. Get yourself an agent!
**By the way my office (Fast Track realty) listed 5961 Wedgewood, which was a HUD home, it sold in 11/1/2012 for $42,600***
A cash offer might make your offer more attractive usually because you can closed the sale must faster than if you needed a loan.
In most cases when a home has been on the markert for this long you can assume it is over priced or in very poor condition.
Frequently foreclosed home are trashed or not well taken care of by the past owner.
I need the address and I will go to work for you.
It's your turn now for action - send that informaton to me and we will work out an offer.