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I would get a compression and leak down test done - fairly easy to do. Also - have the car washed and check for water leaks in the interior. Look at the battery grounding cable - pull a hard pipe and see how much oil is in there as well. Personally I would probably be a little more aggressive on what I offered for the car - like something around $6500. It is a unique color but not highly sought after that I know of. If anything it would make the car worth less.
Another thing to check is the power steering system - most likely the rack needs to be rebuilt and the lines are leaking from the tank.
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89 944 - Alpine white/blue, Focus 9 DME and MAF, MSDS headers
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