@Nick Graziose  Wow that has to be a defect if it dies in 24 hours. 

Using Whole Life insurance is a important cog in that plan.I would personally put my assets inside a BDIT (Beneficiary Defective Inheritor's Trust), or a SLAT (Spousal Lifetime Access Trust) to freeze the estate at $10mm.  

You're not going to walk away exclusively with feelings of pain or pleasure as-in feeling like you "paid for nothing" or "overpaid" if no defects in the sewer line are found OR feelings of "it was worth every penny" or "thank god I had it done" if defects were found. 

Quitclaim DeedThis deed has traditionally been only used to cure defects in title -- like when a grandson may have inherited at 1/335 share in a property, but no one is really sure whether that's true, and a buyer has come along and needs to get the signatures of all the possible heirs before being secure in his title.

Minor cosmetic defects stick out like a sore thumb on completely vacant houses.

It was over budget by $40k and they want my client to start making payments on a house that won't sale because of uncorrected defects. 

Major defect.

The sellers either cannot wait through traditional timelines, their property is of very low value, or the property has major defects that make selling it and earning a 3% commission a money-losing endeavor.

You could buy a property and a major defect is not seen during the inspection and it will cost you a lot and kill your numbers and really hurt you. 

In MA the former owner can bring a defense of a defective foreclosure to any eviction.