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Knocking in engine

(1999 Ford Taurus)
in Saginaw, MI on May 19, 2010
this car is listed at $500 dollars would it be wise to purchase and have fixed? I do not know what the engine knock is.
Engine has a knock in it. The car isn't in that bad of shape for its years.

Lot of options, would make a nice fixer upper.

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on May 19, 2010
Usually a knock is a bearing problem or piston and could be a major repair, a used motor installed is about 2500. a re built motor is about 3500-4000 installed.
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